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The following information was available for Sunland Company at December 31, 2017: beginning inventory $86000; ending inventory $146000; cost of goods sold $644000; and sales
The following information was available for Sunland Company at December 31, 2017: beginning inventory $86000; ending inventory $146000; cost of goods sold $644000; and sales $976000. Sunland inventory turnover ratio (rounded) in 2017 was
5.6 times.
4.4 times.
7.5 times.
8.4 times.
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Management Information Systems Managing the digital Firm
Authors: Kenneth C. Laudon, Carol Guercio Traver
14th edition
