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Suppose that the following information was available for Pharoah Company at December 31,2025 : beginning...

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Accounting

Suppose that the following information was available for Pharoah Company at December 31,2025 : beginning inventory $89000; ending inventory $100000; cost of goods sold $876000; and sales $1144000. Pharoah's inventory turnover, rounded to one decimal place, in 2025 was
8.8 times.
9.3 times.
12.1 times.
9.8 times.
image

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