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*5. Highway Company had a $28,000 beginning inventory and a $35,000 ending inventory. Net sales were $184,000; purchases, $93,000; purchase returns and allowances, $7,000; and

*5. Highway Company had a $28,000 beginning inventory and a $35,000 ending inventory. Net sales were \$184,000; purchases, $93,000; purchase returns and allowances, \$7,000; and freight-in, $3,000.What is Highway's rate of inventory turnover

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