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A company made total sales of $500,000 with gross profit of $100,000. The opening inventory is said to be $200,00 and closing inventory is said
A company made total sales of $500,000 with gross profit of $100,000. The opening inventory is said to be $200,00 and closing inventory is said to be $300,000. Calculate the number of times the inventory has been sold/replaced by the company.
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