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Suppose that the following information was available for Sheridan Company at December
31.2025 : beginning inventory 574000 . ending inventory $108000; cost of goods sold $604000;
and sales $952000. Sheridan's inventory turnover, rounded to one decimal place, in 2025 was 5.6
times 6.6 times. 8.2 times. 10.5 times.

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Suppose that the following information was available for Sheridan Com.pdf

  • 1. Suppose that the following information was available for Sheridan Company at December 31.2025 : beginning inventory 574000 . ending inventory $108000; cost of goods sold $604000; and sales $952000. Sheridan's inventory turnover, rounded to one decimal place, in 2025 was 5.6 times 6.6 times. 8.2 times. 10.5 times.