× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
New Topic  
harra harra
wrote...
Posts: 1309
Rep: 2 0
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:
Read 208 times
2 Replies

Related Topics

Replies
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
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1284 People Browsing
Related Images
  
 656
  
 549
  
 565
Your Opinion
What's your favorite coffee beverage?
Votes: 274

Previous poll results: How often do you eat-out per week?