Calculate inventory turnover at cost (to nearest hundredth):
$$\begin{array} { | l | l | l | l | }
\hline \text { Ending Inventory } & \$ 25,000 & \text { Beginning Inventory } & \$ 15,000 \
\hline \text { Cost of Goods Sold } & \$ 43,000 & \text { Net Sales } & \$ 55,800 \
\hline
\end{array}$$

Question

Calculate inventory turnover at cost (to nearest hundredth):
 $$\begin{array} { | l | l | l | l | } 
\hline \text { Ending Inventory } & \$ 25,000 & \text { Beginning Inventory } & \$ 15,000 \
\hline \text { Cost of Goods Sold } & \$ 43,000 & \text { Net Sales } & \$ 55,800 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate inventory turnover at cost (to nearest hundredth):
 $$\begin{array} { | l | l | l | l | } 
\hline \text { Ending Inventory } & \$ 25,000 & \text { Beginning Inventory } & \$ 15,000 \
\hline \text { Cost of Goods Sold } & \$ 43,000 & \text { Net Sales } & \$ 55,800 \
\hline
\end{array}$$

Calculate Inventory Turnover at Cost (To Nearest Hundredth)