Redeker Company Had the Following Records $\begin{array}{lll}&2022&2021\\\text { Ending inventory } & \$ 32,650 & \$ 30,490 \\\text { Cost of qoods sold } & 213,600 & 209,040\end{array}$

question 53

Multiple Choice

Redeker Company had the following records: $\begin{array}{lll}&2022&2021\\\text { Ending inventory } & \$ 32,650 & \$ 30,490 \\\text { Cost of qoods sold } & 213,600 & 209,040\end{array}$ What is Redeker's inventory turnover for 2022? (rounded)

• A)6.8 times
• B)7.0 times
• C)6.6 times
• D)6.5 times

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Definitions:

Bidirectionally

In a manner that allows movement or communication in two opposite directions.

Okazaki Fragments

Short sequences of DNA nucleotides which are synthesized discontinuously and later linked together by the enzyme DNA ligase to create the lagging strand during DNA replication.

Lagging Strand

The strand of DNA that is synthesized discontinuously in small fragments, known as Okazaki fragments, during DNA replication.

Leading Strand

The DNA strand that is synthesized continuously during DNA replication, in the direction of the replication fork.