The following balance sheet Information is provided for Gaynor Company Year 2 $ 3,350 Year...
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The following balance sheet Information is provided for Gaynor Company Year 2 $ 3,350 Year 1 $ 2,600 Assets Cash Accounts receivable Inventory $35,500 $43,000 Assuming Year 2 cost of goods sold is $121,000, what is the company's Inventory turnover? Multiple Choice 2.81 times 3 .08 times 3. 41 times None of the these answers is correct
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