Goods available for sale are $350,000, beginning inventory is $24,000, ending inventory is $32,000 and cost of goods sold is $275,000. What is the inventory turnover?

A. 12.50

B. 9.82

C. 11.46

D. 8.59

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The following account balances were drawn from the financial statements of Grayson Company: Cash $ 5,000 Accounts payable $ 1,550 Accounts receivable $ 2,100 Common stock? Land $ 8,600 Retained earnings, Jan.

Quiz 1. If you maintain a good driving record, your car insurance company may reward you with