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14. Given these facts, compute inventory turnover: Total Assets................................ $10,000,000 Costs of Goods Sold.................... 2,200,000 Average Inventory.................... 1,300,000 Interest Expense........................ 850,000 a. .59. b. 1.69.

14. Given these facts, compute inventory turnover:

Total Assets................................ $10,000,000

Costs of Goods Sold.................... 2,200,000

Average Inventory.................... 1,300,000

Interest Expense........................ 850,000

a. .59.

b. 1.69.

c. 2.59.

d. 7.69.

e. Not enough information is given.

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