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The following information was available for Bonita Company at December 31, 2018: beginning inventory $78000; ending inventory $122000; cost of goods sold $1250000; and sales

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The following information was available for Bonita Company at December 31, 2018: beginning inventory $78000; ending inventory $122000; cost of goods sold $1250000; and sales $1700000. Bonita's inventory turnover in 2018 was O 17.0 times. 0 12.5 times 10.2 times. O 16.0 times

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