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The following information was available for Blossom Company at December 31, 2027: beginning inventory $72000; ending inventory $56000; cost of goods sold $640000; and sales
The following information was available for Blossom Company at December 31, 2027: beginning inventory $72000; ending inventory $56000; cost of goods sold $640000; and sales $880000. Blossom's inventory turnover in 2027 was O 8.9 times. O 13.8 times. O 10.0 times. O 11.4 times.
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