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would i take the cost of goods sold from year 2 and divide that by ending inventory Use the following information for Shafer Company to

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Use the following information for Shafer Company to compute inventory turnover for year 2 Year 2 Year 1 $655,000 $584, 400 390,eee 79,200 Net sales Cost of goods sold Ending inventory 360,990 80,880 Multiple Choice 5.87 4.87 723 o search

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