Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

During 2026, Pronghorn, Incorporated purchased $3850000 of inventory. The cost of goods sold for
2026 was $4050000 and the ending inventory at December 31, 2026, was $380000. What was the inventory turnover for 2026?
A. 10.7
B. 6.6
C. 7.0
D. 8.4

Sagot :

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.