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Topsie Pty Ltd sells children's dolls. The following information relates to Topsie Pty Ltd for the month of July 2016: Inventory turnover for July July

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Topsie Pty Ltd sells children's dolls. The following information relates to Topsie Pty Ltd for the month of July 2016: Inventory turnover for July July purchases Ending inventory 31 July 2016 S -2,812 Beginning inventory 1 July 2016 S-2,433 Calculate Topsie's cost of goods sold for July 2016? = 12.1% $- 19,160

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