Winston, Inc

question 49

Multiple Choice

Winston, Inc. had net sales of $754,800 for the year. If the beginning inventory at retail was $171,400 and the ending inventory at retail was $331,800, find the inventory turnover at retail. (Round your answer to the nearest tenth)

• A) 1.5 Times
• B) .8 Times
• C) 3.0 Times
• D) 1.9 Times

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