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The following information is available for Windsor, Inc.: 2017 2016 Accounts receivable $ 363000 $ 365000 Inventory 281000 358000 Net credit sales 3165000 2609000 Cost
The following information is available for Windsor, Inc.: 2017 2016 Accounts receivable $ 363000 $ 365000 Inventory 281000 358000 Net credit sales 3165000 2609000 Cost of goods sold 1341900 872000 Net income 301000 188000 The inventory turnover for 2017 is Entry field with incorrect answer 2.1 times. 4.2 times. 4.8 times. 3.7 times.
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