Business, 26.10.2020 17:00 ineedhelp2285

Palamino Corporation had beginning inventory of $30,000 and ending inventory of $38,000. Its net sales were $172,000 and net purchases were $93,000. Cost of goods sold for the period was $85,000. What is Palamino's rate of inventory turnover?

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Palamino Corporation had beginning inventory of $30,000 and ending inventory of $38,000. Its net sal...

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