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Home Q & A Board Other Fields Homework Help Business Finance
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lilricemunch lilricemunch
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9 months ago

With net sales of $40,000, beginning inventory at retail of $14,000, ending inventory at retail of $20,000, and cost of goods sold of $19,500, the inventory turnover at retail is (to the nearest hundredth):



▸

5.15



▸

3.25



▸

2.35



▸

5.23



▸

None of the answer choices are correct.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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rick32rick32
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#1
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9 months ago
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lilricemunch Author
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9 months ago
this is exactly what I needed
gefa
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Yesterday
Helped a lot
Zacellison
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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