Following are the financial statements for Flynn Corporation for the year ended December 31,20x5.Assume that all balance sheet amounts represent both average and ending figures.
-What is the inventory turnover for this corporation? Round your answer to one decimal place.
A) 1.2 times
B) 1.6 times
C) 2.4 times
D) 4.0 times
Correct Answer:
Verified
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