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Last Year an Operation Had a Cost of Food Consumed

Question 16

Multiple Choice

Last year an operation had a cost of food consumed for meats of $310,000. In that year the operation had a beginning meat inventory of $15,000 and ending meat inventory of $16,000. What was the operation's inventory turnover for meat last year?


A) 20
B) 21
C) 22
D) 23

Correct Answer:

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