Business
Business, 10.08.2021 01:00, Rayinz9174

Cromwell Company began the year with a balance in inventory of $110,000 and ended the year with a balance of $102,000. The net sales for the year were $983,000 with a gross profit on sales of $295,000. The inventory turnover ratio is closest to:

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Cromwell Company began the year with a balance in inventory of $110,000 and ended the year with a ba...

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