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The 2017 financial statements of Wildhorse Company reported a beginning inventory of $77000, an ending...

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Accounting

The 2017 financial statements of Wildhorse Company reported a beginning inventory of $77000, an ending inventory of $117000, and cost of goods sold of $655000 for the year. Wildhorses inventory turnover for 2017 is

A) 6.8 times.

B) 16.4 times.

C) 8.5 times.

D) 5.6 times.

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