Question
Wagon Department Store had net credit sales of $16,000,000 and cost of goods sold of $15,000,000 for the year. The average inventory for the year
Wagon Department Store had net credit sales of $16,000,000 and cost of goods sold of $15,000,000 for the year. The average inventory for the year amounted to $2,000,000. Inventory turnover for the year is
| 7.5 times. |
| 5 times. |
| 15 times. |
| 8 times. |
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Global Accounting Information Systems Ais For Developing Countries
Authors: Dr. Mawududur Rahman
1st Edition
1717133207, 978-1717133205
