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upton upton
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6 years ago
Topiary's Unlimited has a cost of goods sold of $1,400,000. The beginning merchandise inventory was $195,000 and its ending merchandise inventory is $205,000. Topiary's merchandise inventory turnover ratio is:
A) 8.00 times.
B) 8.50 times.
C) 7.00 times.
D) None of the above is correct.
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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