Solved: The following information was available for whispering, Accounting Basics

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The following information was available for whispering

Problem - The following information was available for Whispering Winds Corp. at December 31, 2017: beginning inventory $72000; ending inventory $128000; cost of goods sold $640000; and sales $872000. Whispering inventory turnover ratio (rounded) in 2017 was

A) 5.0 times.

B) 6.4 times.

C) 8.7 times.

D) 8.9 times.

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Accounting Basics: The following information was available for whispering

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Accounting Basics: The following information was available for whispering

Reference No:- TGS02419694

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