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Vogue Inc. had net credit sales of RM18,000,000 and cost of goods sold of RM15,000,000 for the year. The average inventory for the year is

Vogue Inc. had net credit sales of RM18,000,000 and cost of goods sold of RM15,000,000 for the year. The average inventory for the year is RM2,500,000. Inventory turnover was a. 1.5 times. b. 7.2 time...

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