Question 14 (2 points)
Alpha Company has the following account balances information for fiscal year 2015 & 2016 (all balances are normal):
Cost of Goods Sold
What is the FY 2016 inventory turnover ratio? Enter the answer as a number rounded to one decimal place followed by a space and the word times. (Example 1.123 would be entered 1.1 times)
This question was answered on: Dec 08, 2020
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Dec 08, 2020EXPERT
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