Homework Clinic
Social Science Clinic => Accounting => Topic started by: plus1 on Feb 19, 2020
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Dionysus Winery has a cost of goods sold of $1,800,000. The beginning and ending merchandise inventories are $133,000 and $121,000, respectively. What is Dionysus Winery's inventory turnover ratio? (Round your final answer to two decimal places.)
◦ 14.88 times
◦ 14.17 times
◦ 13.53 times
◦ 28.41 times
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14.17 times