If Beginning and Ending Inventories Are $175,000 and $125,000,respectively,and the Cost

question 92

Multiple Choice

If beginning and ending inventories are $175,000 and $125,000,respectively,and the cost of goods sold is $450,000,what is the inventory turnover ratio?

• A)4)50
• B)3)00
• C)3)60
• D)0)28

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