Becker Beverages Company had net sales of $320,000 for the year. The beginning inventory at...
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Accounting
Becker Beverages Company had net sales of $320,000 for the year. The beginning inventory at retail was $65,620, a mid-year inventory amounted to $60,800, and the ending inventory was $63,300. a. What was the average inventory for the year? b. What was the actual inventory turnover rate at retail for the year?
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