Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the year. The average inventory for the year amounted to $1171250. The inventory turnover for the year is O 12.0 times. O 3.3 times. O 8.0 times. O 1.5 times.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the year. The average inventory for
the year amounted to $1171250. The inventory turnover for the year is
O 12.0 times.
O 3.3 times.
O
8.0 times.
O
1.5 times.
Comforter
Transcribed Image Text:Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the year. The average inventory for the year amounted to $1171250. The inventory turnover for the year is O 12.0 times. O 3.3 times. O 8.0 times. O 1.5 times. Comforter
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