Current Attempt in Progress The following information was available for Carla Vista Company at December 31, 2022: beginning inventory $88000; ending inventory $64000; cost of goods sold $768000; and sales $1040000. Carla Vista's inventory turnover in 2022 was 9.3 times. 10.1 times. 13.7 times. 10.9 times.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter10: Inventory
Section: Chapter Questions
Problem 16PA: Use the following information relating to Clover Company to calculate the inventory turnover ratio,...
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Current Attempt in Progress
The following information was available for Carla Vista Company at December 31, 2022: beginning inventory $88000; ending
inventory $64000; cost of goods sold $768000; and sales $1040000. Carla Vista's inventory turnover in 2022 was
9.3 times.
10.1 times.
13.7 times.
10.9 times.
Transcribed Image Text:Current Attempt in Progress The following information was available for Carla Vista Company at December 31, 2022: beginning inventory $88000; ending inventory $64000; cost of goods sold $768000; and sales $1040000. Carla Vista's inventory turnover in 2022 was 9.3 times. 10.1 times. 13.7 times. 10.9 times.
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