What was the inventory turnover ratio?A) 2.2B) 1.8C) 2.0D) 3.0

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Diwash Dhungana · Accepted Answer

Final Answer : C, Explanation :  The inventory turnover ratio is calculated as Cost of Goods Sold / Average Inventory. Unfortunately, we are not given the cost of goods sold or the average inventory. Therefore, we cannot calculate the inventory turnover ratio.

What was the inventory turnover ratio?

A) 2.2
B) 1.8
C) 2.0
D) 3.0

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