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Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold. a. true b. false

Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold. a. true b. false
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Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold.

a. true
b. false

asked
User Maxedison
by
8.0k points

1 Answer

5 votes

Answer:

True

Step-by-step explanation:

The correct answer is true.

answered
User E H
by
7.8k points
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