Best Tools maintains an average finished goods inventory of $15 million and its annual cost of goods sold is $180 million.How many times per year do they turn over their inventory?
A)8.33
B)12
C)10
D)15

Question

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The Answer of Best Tools maintains an average finished goods inventory of $15 million and its annual cost of goods sold is $180 million.How many times per year do they turn over their inventory?
A)8.33
B)12
C)10
D)15

Best Tools Maintains an Average Finished Goods Inventory of $15