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Ratios: Inventory Turnover
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Problem 10
Ratios: Inventory Turnover
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14. Financial Statement Analysis / Ratios: Inventory Turnover / Problem 10
Problem 10
Calculate the average inventory if the beginning inventory is \$40,000 and the ending inventory is \$60,000.
A
\$45,000
B
\$50,000
C
\$55,000
D
\$60,000
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