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Business, 18.11.2020 20:50 justicejesusfreak
The Intramural Sports Club reports sales revenue of $892,000. Inventory at both the beginning and end of the year totals $160,000. The inventory turnover ratio for the year is 4.6. What amount of gross profit does the company report in its income statement?
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The Intramural Sports Club reports sales revenue of $892,000. Inventory at both the beginning and en...
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