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If ABC Corporation has sales of $1,000,000 a gross profit ratio of 40% and inventory turnover of 12.5. Based on the given information, the inventory
If ABC Corporation has sales of $1,000,000 a gross profit ratio of 40% and inventory turnover of 12.5. Based on the given information, the inventory amount is a. 24000 b. 32000 C. 125000 d. 48000
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