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Vaughn Corporation had net credit sales of $14200000 and cost of goods sold of$9340000 for the year. The average inventory balance for the year was
Vaughn Corporation had net credit sales of $14200000 and cost of goods sold of$9340000 for the year. The average inventory balance for the year was $934000. The inventory turnover for the year is O 1.5 times. 0 10.0 times. 0 4.3times. O 15.2 times
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