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Pina Corporation had net credit sales of $12817000 and cost of goods sold of $9120000 for the year. The average inventory for the year
Pina Corporation had net credit sales of $12817000 and cost of goods sold of $9120000 for the year. The average inventory for the year amounted to $1200000. The inventory turnover for the year is O 14 times. O 7.6 times O3.1 times. O 10.7 times.
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
