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What the company inventory turnover was closest to

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Reference no: EM132557009

Question 1: Harold Company, a retailer, had cost of goods sold of $260,000 last year. The beginning inventory balance was $20,000 and the ending inventory balance was $26,000. The company's inventory turnover was closest to:

Select one:

a. 5.65

b. 10.00

c. 13.00

d. 11.30

Reference no: EM132557009

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