Inventory turnover for the year

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Reference no: EM13149292

Access Edgar online. Go to sec.gov then go to Whole Market Foods. Access the 10-K filing for the most recent fiscal year. Scroll to find the financial statement.

1. Calculate what cost of sales would have been for the year if the company had used FIFO to value its inventory.

2. Calculate inventory turnover for the year using the reported numbers.

Reference no: EM13149292

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