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harra harra
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Posts: 1309
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6 years ago
Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory.  Cost of goods sold for the period was $25,000.  The inventory turnover is:
A) 0.56.
B) 0.3125.
C) 0.4.
D) 4.0.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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wrote...
6 years ago
C
Explanation:  C) Calculations: $25,000/(($45,000 + $80,000)/2)
harra Author
wrote...
6 years ago
thank you × a million
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