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Question Help Swanson, Incorporated's sales for the year ended March 31, 2018, were $1,275,000, and cost of goods sold amounted to $728,000. Beginning inventory was
Question Help Swanson, Incorporated's sales for the year ended March 31, 2018, were $1,275,000, and cost of goods sold amounted to $728,000. Beginning inventory was $55,000, and ending inventory was $68,000 Compute Swanson, Incorporated's rate of inventory turnover for the year ended March 31, 2018. Round your answer to the nearest tenth. Select the formula and then complete the calculation. (Round the inventory turnover to one decimal place.) Inventory turnover times per year Choose from any list or enter any number in the input fields and then click Check
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