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A company provides the following information for its most recent year: Beginning inventory: $ 1 8 0 , 0 0 0 Ending inventory: $ 2

A company provides the following information for its most recent year:
Beginning inventory: $180,000
Ending inventory: $230,000
Sales revenue: $750,000
Gross profit: $140,000
What is the inventory turnover ratio?
3.66
2.98
2.65
4.34
3.29
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