Bio corporationïs computation of cost of goods sold is:
beginning inventory 160,000
add: cost of goods purchased 505,000
cost of goods available for sale 665,000 e
nding inventory 200,000
cost of goods sold 465,000
bio inventory turnover is
a. 2.8 times.
b. 2.3 times.
c. 2.9 times.
d. 2.6 times.