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Use the following information for Razor Company to compute inventory turnover for 2013. 2013 2012 Net sales $657,000 $584,800 Cost of goods sold 390,400 361,030
Use the following information for Razor Company to compute inventory turnover for 2013.
2013 | 2012 | |
Net sales | $657,000 | $584,800 |
Cost of goods sold | 390,400 | 361,030 |
Ending inventory | 79,600 | 81,280 |
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