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Author Question: Cost of goods sold for Century Merchandise Mart was 874,510 for the year. If the beginning inventory ... (Read 168 times)

Yi-Chen

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on: Jun 24, 2018
Cost of goods sold for Century Merchandise Mart was 874,510 for the year. If the beginning inventory at cost was 561,900 and the ending inventory at cost was 302,300, find the inventory turnover at cost. (Round your answer to the nearest tenth)
 A) 1.9 Times
  B) 2.3 Times
  C) 2.0 Times
  D) 3.3 Times

Question 2

When ___________________ _ dating is used, terms of sale begin on the date the goods are received by the buyer.
 Fill in the blank(s) with correct word


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bigsis44

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

receipt of goods


Yi-Chen

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Reply 2 on: Jun 24, 2018
:D TYSM

Perkypinki

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Reply 3 on: Yesterday
Excellent

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