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A company reports the following financial information: Inventory, December 3 1 , 2 0 1 9 $ 7 5 , 0 0 0 Inventory, December

A company reports the following financial information:
Inventory, December 31,2019 $ 75,000
Inventory, December 31,2020125,000
Net Sales for 2020850,000
Cost of Goods Sold for 2020400,000
The companys inventory turnover ratio is closest to

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