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4 Alison Co has a beginning inventory costing $90,000 and an ending Inventory costing $120,000. Sales were $380,000. Assume Alison's markup rate markup is based

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4 Alison Co has a beginning inventory costing $90,000 and an ending Inventory costing $120,000. Sales were $380,000. Assume Alison's markup rate markup is based on selling price) is 40%. Based on the selling price, the inventory turnover at cost to the nearest hundredth) is: Multiple Choice 2.77 0 2.22 14 150 None of these

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