Alpha Company had $45 000 in beginning inventory and $80 000 in ending inventory. Cost of sales for the period was $25 000. The inventory turnover is:
A)0.3125.
B)0.56.
C)4.0.
D)0.4.

Question

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The Answer of Alpha Company had $45 000 in beginning inventory and $80 000 in ending inventory. Cost of sales for the period was $25 000. The inventory turnover is:
A)0.3125.
B)0.56.
C)4.0.
D)0.4.

Alpha Company Had $45 000 in Beginning Inventory and $80