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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Cox Corporation has a cost of goods sold of $1,600,000. The beginning merchandise inventory was $195,000 and the ending merchandise inventory is $205,000. Cox's inventory turnover ratio is:
A) 8.21 times.
B) 7.80 times.
C) 8.00 times.
D) 9.00 times.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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