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Inventory Turnover Ratio Calculation: Requirements: Calculate the inventory turnover ratio using the following information: Cost of Goods Sold: $180,000 Average Inventory: $25,000
Inventory Turnover Ratio Calculation:
- Requirements: Calculate the inventory turnover ratio using the following information:
- Cost of Goods Sold: $180,000
- Average Inventory: $25,000
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
