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Question
roberts department store had net credit sales of $9,000,000 and cost of goods sold of $6,000,000 for the year. the average inventory for the year amounted to $2,500,000. the inventory turnover ratio for the year is
a.3.6 times
b.3.2 times
c.3.0 times
d.2.4 times
Answer
This answer is hidden. It contains 1 characters.
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