Mathematics, 28.01.2020 05:31 GhostElite295
If net sales were $52,500.00, beginning inventory at retail was $16,000.00, ending inventory at retail was $26,000.00, and cost of goods sold was $18,500.00, what was the inventory turnover ratio at retail?
select one:
a. 1.2
b. 2.5
c. 1.3
d. 2.9
Answers: 1
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If net sales were $52,500.00, beginning inventory at retail was $16,000.00, ending inventory at reta...
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