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A company has sales of $ 1 , 1 5 5 , 1 5 0 , a gross profit margin of 2 4 . 9

A company has sales of $1,155,150, a gross profit margin of 24.9%, and inventory of $450,509. What is the company's inventory turnover ratio?
a.2.56 times
a.16 times
1.68 times
1.93 times
2.41 times
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