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The cost of goods sold computations for Blossom Company and Nash Company are shown below. Beginning inventory Cost of goods purchased Cost of goods available
The cost of goods sold computations for Blossom Company and Nash Company are shown below. Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold (a1) Inventory turnover eTextbook and Media Blossom Company Save for Later $40,000 385,000 425,000 60,000 $365,000 Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 15.25.) Nash Company $70,000 315,000 Blossom Company 385,000 60,000 $325,000 Nash Company Attempts: 0 of 5 used Submit Answer
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