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Redeker Company Had the Following Records What Is Redeker's Inventory Turnover for 2013? (Rounded)
A) 5

Question 174

Multiple Choice

Redeker Company had the following records:  2014  2013  2012 Ending inventory $34,580$32,650$30,490 Cost of goods sold 182,000178,000174,200\begin{array}{lccc} & \mathbf{\underline{\text{ 2014 }} } & \mathbf{\underline{\text{ 2013 }} } & \mathbf{\underline{\text{ 2012}} } \\\text { Ending inventory } & \$ 34,580 & \$ 32,650 & \$ 30,490 \\\text { Cost of goods sold } & 182,000 & 178,000 & 174,200\end{array} What is Redeker's inventory turnover for 2013? (rounded)


A) 5.6 times
B) 5.5 times
C) 0.2 times
D) 5.3 times

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