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The Following Balance Sheet Information Is Provided for Weaver Company

Question 38

Multiple Choice

The following balance sheet information is provided for Weaver Company:
Assuming 2015 cost of goods sold is $140,000,what is the company's inventory turnover? The following balance sheet information is provided for Weaver Company: Assuming 2015 cost of goods sold is $140,000,what is the company's inventory turnover?   A) 3.4 times B) 4.4 times C) 4.0 times D) None of these answer choices are correct.


A) 3.4 times
B) 4.4 times
C) 4.0 times
D) None of these answer choices are correct.

Correct Answer:

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