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I am working on calculating inventory turnover. Can you please help me understand the formula for inventory turnover so I can calculate ? Thank you!
I am working on calculating inventory turnover. Can you please help me understand the formula for inventory turnover so I can calculate ?
Thank you!
The 2012 financial statements ofDoggy Company reported a beginning inventory of $66000, an ending inventory of $115000, and cost of goods sold of $630000for the year.Doggy's inventory turnover for 2012 is how many times?
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