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QUESTION
The following information relates to Jordison Corporation:
The following information relates to Jordison Corporation:
Cash = $200
Accounts Receivable = $160
Inventory = $170
Prepaid Expenses = $80
Total Current Assets = $610
Total Current Liabilities = $290
Sales = $1,240
Cost of Goods Sold $730
What is inventory tunrover?
Select one:
a. .88
b. 4.56
c. 4.29
d. 1.13
