Business, 06.06.2021 16:10 emilyy4757
If the inventory turnover ratio for Cast Co. is 5x and its gross profits and sales are $270 million and $1,200 million respectively, then
the inventory account for Cast is:
A. $180 million
B. $182 million
C. $186 million
D. $196 million
Answers: 1
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If the inventory turnover ratio for Cast Co. is 5x and its gross profits and sales are $270 million...
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