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The Following Balance Sheet Information Is Provided for Gaynor Company

question 129

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The following balance sheet information is provided for Gaynor Company: The following balance sheet information is provided for Gaynor Company:   Assuming Year 2 cost of goods sold is $122,000, what is the company's inventory turnover? A) 2.77 times B) 3.03 times C) 3.34 times D) None of these answers choices are correct. Assuming Year 2 cost of goods sold is $122,000, what is the company's inventory turnover?


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