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15) Zebra, Inc. cost of goods sold for the year is $2,300,000, and the average merchandise inventory for the year is $139,000. Calculate the inventory

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15) Zebra, Inc. cost of goods sold for the year is $2,300,000, and the average merchandise inventory for the year is $139,000. Calculate the inventory turnover ratio of the company. (Round your answer to two decimal places.) A) 6.04 times B) 16.55 times C) 8.27 times D) 93.96 times

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