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Blue Moon Corporation's Balance Sheet and Income Statement as Shown

Question 103

Multiple Choice

Blue Moon Corporation's Balance Sheet and Income Statement as shown below: Blue Moon Corporation's Balance Sheet and Income Statement as shown below:     The inventory turnover ratio for 2011 for Blue Moon Corporation is (use average inventory)  _______. A)  2.96 B)  3.06 C)  3.17 D)  5.87 E)  6.05 Blue Moon Corporation's Balance Sheet and Income Statement as shown below:     The inventory turnover ratio for 2011 for Blue Moon Corporation is (use average inventory)  _______. A)  2.96 B)  3.06 C)  3.17 D)  5.87 E)  6.05 The inventory turnover ratio for 2011 for Blue Moon Corporation is (use average inventory) _______.


A) 2.96
B) 3.06
C) 3.17
D) 5.87
E) 6.05

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