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What was the inventory turnover

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Question 1: During 2010, Central Company purchased P960,000 of inventory. The cost of goods sold for 2010 was P900,000 and the ending inventory at December 31, 2010 was P180,000. What was the inventory turnover for 2010?

a. 6.4

b. 6.0

c. 5.3

d. 5.0

Reference no: EM132497972

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