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Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold. a. true b. false
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3 votes
3 votes
Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold.

a. true
b. false

User Lwestby
by
2.5k points

1 Answer

21 votes
21 votes

Answer:

True

Step-by-step explanation:

The correct answer is true.

User Scott Carpenter
by
3.1k points
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