Chapter 11 and 12 - Optional Exercises - Solution - WITH additional problem

00 the problem also tells us that on average the

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Unformatted text preview: osts $1.00. The problem also tells us that on average, the store has 350 pounds of inventory on hand. By dividing the Cost of Goods Sold by Average aggregate Inventory Value, We can figure the Inventory Turns. This means that their inventory turns 148.6 times a year. * 52 = .35 ADDITIONAL PROBLEM 3. Chapter 16 – Problem 15 a. b....
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This document was uploaded on 03/18/2014.

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