Question
Hairston Company had cost of goods sold of $658,000 last year. The companys beginning inventory balance was $140,000 and the ending inventory balance was $113,000.
Hairston Company had cost of goods sold of $658,000 last year. The companys beginning inventory balance was $140,000 and the ending inventory balance was $113,000. The companys inventory turnover was closest to
| A | 4.7 times
| |
| B | 5.8 times | |
| C | 5.2 times | |
| D | 2.6 times |
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Operational Auditing For Management Control
Authors: Edward F Norbeck
1st Edition
0814451853, 978-0814451854
