Inventory Turnover can be computed 2 different ways

1
INVENTORY TURNOVER CAN BE COMPUTED 2 DIFFERENT
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2
Inventory Turnover can be computed 2 different
ways

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• Income Stmt info20152016Sales 1,000,000
  1,050,000 less Cost of Goods Sold 400,000
  424,000 Gross Profit 600,000 626,000 Operating
  Expenses 350,000 365,750

3
INVENTORY TURNOVER CAN BE COMPUTED 2 DIFFERENT
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