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Guttery Corporation has provided the following financial data from its balance sheet: Accounts receivable, net Inventory Total assets Year 2 $ 112.88e $ 174,880 $1,236,880
Guttery Corporation has provided the following financial data from its balance sheet: Accounts receivable, net Inventory Total assets Year 2 $ 112.88e $ 174,880 $1,236,880 Year 1 $ $ 156, $1,256, ,000 116, Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000. The company's inventory turnover for Year 2 is closest to: Multiple Choice 5.56 6.00 0.86
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