A company that produces specialized video equipment had cost of goods sold last year of $127,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:
If the company operates 50 weeks per year then the number of inventory turns would be
A) 0.0979
B) 4.3795
C) 8.9784
D) 10.2090
Correct Answer:
Verified
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