Question 2 Of 4 2 View Policies Current Attempt In Progress Early In 2022 Blossom Company Switched To A Just In Time 1 (18.38 KiB) Viewed 25 times
Question 2 Of 4 2 View Policies Current Attempt In Progress Early In 2022 Blossom Company Switched To A Just In Time 2 (19.45 KiB) Viewed 25 times
Question 2 of 4 ./2 View Policies Current Attempt in Progress Early in 2022, Blossom Company switched to a just-in-time inventory system. Its sales and inventory amounts for 2021 and 2022 are shown below. 2022 2021 $3,450,000 Sales revenue $3,900,000 Cost of goods sold 1.292,000 1,858,500 Beginning inventory 155,000 225,000 Ending inventory 225.000 90.000 Question 2 of 4 < > -72 (a 1) Determine the inventory turnover for 2021 and 2022. (Round answers to 1 decimal place, e.g. 5.1.) 2021 2022 Inventory turnover eTextbook and Media List of Accounts Attempts: 0 of 4 used Submit Answer Save for Later Using multiple attempts will impact your score. 5% score reduction after attempt 2
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