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Other Fields Homework Help Accounting Topic started by: JZ240 on Jul 24, 2023



Title: Spomer Corporations inventory at the end of Year 2 was $114,000 and its inventory at the end of Year ...
Post by: JZ240 on Jul 24, 2023
Spomer Corporation’s inventory at the end of Year 2 was $114,000 and its inventory at the end of Year 1 was $120,000. Cost of goods sold amounted to $710,000 in Year 2. The company’s inventory turnover for Year 2 is closest to:

▸ 5.92

▸ 1.05

▸ 6.07

▸ 6.23


Title: Re: Spomer Corporations inventory at the end of Year 2 was $114,000 and its inventory at the end of Year ...
Post by: andrat on Jul 24, 2023
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