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What the Clarissa company inventory turnover ratio

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Reference no: EM133096557

Question - During the year that ended December 31, Clarissa sold goods that cost $67,800, her expenses totaled $8,125 and her freight-in totaled $4,800. Her company's average stock of goods during the same period was $13,432. What the Clarissa's company's inventory turnover ratio?

a) 4.09

b) 5.05

c) 4.80

d) 4.44

Reference no: EM133096557

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