Alpha Company Had $45,000 in Beginning Inventory and $80,000 in Ending

question 74

Multiple Choice

Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory. Cost of goods sold for the period was $25,000. The inventory turnover is:

• A)0.56.
• B)0.3125.
• C)0.4.
• D)4.0.

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