A business provided the following information:
opening inventory $36 000
closing inventory $...
Mathematics, 23.10.2021 14:00 colemanjosiah03
A business provided the following information:
opening inventory $36 000
closing inventory $24 000
purchases $360 000
revenue $480 000
What was the rate of inventory turnover? A 12.0 times
B 12.4 times
C 15.5 times
D 16.0 times
Answers: 3
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