If the cost of goods sold (COGS) is $1200000, and the beginning inventory (BI) is $475,000, and ending inventory (EI) is

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answerhappygod
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If the cost of goods sold (COGS) is $1200000, and the beginning inventory (BI) is $475,000, and ending inventory (EI) is

Post by answerhappygod »

If the cost of goods sold (COGS) is $1200000, and the beginning
inventory (BI) is $475,000, and ending inventory (EI) is $75000,
what would the inventory turnover in 365 days?
Calculate the inventory turnover (IT).
Group of answer choices
A) 7.32 times
B) 3.39 times
C) 4.36 times
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