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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
Inventory turnover is calculated as:
A) average inventory for the period / cost of goods sold
B) cost of goods sold / average inventory for the period
C) gross margin for the period / average inventory for the period
D) average inventory for the period / gross margin for the period
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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TheSinTheSin
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6 years ago
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