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The following information is available for Everett Company at December 31, 2013: beginning inventory $80,000; ending inventory $120,000; cost of goods solch $700,000; and sales
The following information is available for Everett Company at December 31, 2013: beginning inventory $80,000; ending inventory $120,000; cost of goods solch $700,000; and sales $1,200,000. Everette's inventory turnover in 2013 is 5.8 times. 7 times. 8.8 times. 12 times
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