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The Following Balance Sheet Information Is Provided for Gaynor Company

question 53

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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 $153,300, what is the company's inventory turnover? A)  4.0 times B)  4.4 times C)  4.2 times D)  None of these answers is correct. Assuming Year 2 cost of goods sold is $153,300, what is the company's inventory turnover?


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