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10 1 Selected financial information for Gibson Company for Year 4 follows: points eBook Print Sales Cost of goods sold Merchandise inventory Beginning of
10 1 Selected financial information for Gibson Company for Year 4 follows: points eBook Print Sales Cost of goods sold Merchandise inventory Beginning of year End of year $1,750,000 1,225,000 153,000 193,000 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) Merchandise inventory turnover References times
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