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Suppose that the following information was available for Cullumber Company at December 31, 2025: beginning inventory $82000; ending inventory $124000; cost of goods sold $620000;
Suppose that the following information was available for Cullumber Company at December 31, 2025: beginning inventory $82000; ending inventory $124000; cost of goods sold $620000; and sales $808000. Cullumber's inventory turnover, rounded to one decimal place, in 2025 was O 6.0 times. O 7.8 times. O 5.0 times. 7.6 times.
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Cost And Management Accounting An Introduction
Authors: Colin Drury
7th Edition
1408032139, 978-1408032138
