If the Average Aggregate Inventory Value Is $100,000 and the Cost

question 28

Multiple Choice

If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover?

• A)19.23
• B)4.5
• C)0.8654
• D)0.2222
• E)None of the above

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Definitions:

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