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8. Please use the following facts to calculate the Inventory Turnover ratio: Beginning Inventory ( =$ 375,000 ) Sales ( =$ 1,750,000 ) Gross Profit

image text in transcribed 8. Please use the following facts to calculate the Inventory Turnover ratio: Beginning Inventory \( =\$ 375,000 \) Sales \( =\$ 1,750,000 \) Gross Profit \( =\$ 810,000 \) Ending Inventory \( =\$ 725, image text in transcribed

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