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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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