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Suppose Storm's had cost of goods sold during the year of $240,000. Beginning merchandise inventory was $70,000, and ending merchandise inventory was $75,000. Determine Storm's
Suppose Storm's had cost of goods sold during the year of $240,000. Beginning merchandise inventory was $70,000, and ending merchandise inventory was $75,000. Determine Storm's inventory turnover for the year. Round to the nearest hundredth. O A. 48.00 times per year OB. 3.20 times per year O C. 3.43 times per year OD. 3.31 times per year
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