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A national firm has sales of $729,000 and cost of goods

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A national firm has sales of $729,000 and cost of goods sold of $478,000. At the beginning of the year, the inventory was $37,000. At the end of the year, the inventory balance was $41,000. What is the inventory turnover rate?

 

Paper#33781 | Written in 18-Jul-2015

Price : $27
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