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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 20
Riverside Industries had cost of goods sold of $359,700 for the year. The beginning inventory at cost was $73,180, and the ending inventory at cost was $79,500.
a. What was the average inventory at cost
b. What was the inventory turnover rounded to the nearest tenth
a. What was the average inventory at cost
b. What was the inventory turnover rounded to the nearest tenth
Explanation
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Verified
Given,
The RI had Cost of goods sold of ...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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