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3. If average inventory is $12,000, food sales are $90,000, and cost of food sold is $36,000, then inventory turnover rate is: a. 2.5 b.

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3. If average inventory is $12,000, food sales are $90,000, and cost of food sold is $36,000, then inventory turnover rate is: a. 2.5 b. 3.0 c. 7.5

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