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badd99 badd99
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4 months ago

Moore Company has a beginning inventory at a cost of $50,000 and an ending inventory at a cost of $90,000. Sales were $150,000. Assume Moore's markup rate is 40%. Based on the selling price, what is the inventory turnover at cost?

Note: Round to the nearest hundredth.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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clubber25clubber25
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4 months ago
Thanks
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Thanks for your help!!
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Just got PERFECT on my quiz
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