Solved: On december 31 the retail value of the inventory was 137700, Accounting Basics

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On december 31 the retail value of the inventory was 137700

Question - At the start of the year, Sandy's Flowers had inventory worth $587,200 at retail. On December 31, the retail value of the inventory was $137,700. If annual sales amounted to $2,899,600 find the inventory turnover at retail for the year. (Round your answer to the nearest tenth)

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Accounting Basics: On december 31 the retail value of the inventory was 137700

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