Question
Tinkers cost of goods sold in the year of sale (2014) was $930,000 and 2013 cost of goods sold was $950,000. The inventory at the
Tinkers cost of goods sold in the year of sale (2014) was $930,000 and 2013 cost of goods sold was $950,000. The inventory at the end of 2014 was $206,000 and $226,000 at the end of 2013. Tinkers inventory turnover during 2014 was closest to:
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Financial Accounting
Authors: David Spiceland
6th Edition
1265889716, 978-1265889715
