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Inventory Turnover Ratio Calculation with COGS: Requirements: Calculate the inventory turnover ratio using the cost of goods sold (COGS) with the following information: COGS: $180,000
Inventory Turnover Ratio Calculation with COGS:
- Requirements: Calculate the inventory turnover ratio using the cost of goods sold (COGS) with the following information:
- COGS: $180,000
- Average Inventory: $30,000
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Managerial Accounting The Cornerstone of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
7th edition
978-1337116008, 1337116009, 1337115770, 978-1337516150, 1337516155, 978-1337115773
