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ABC has inventory of 324,551 and accounts receivable of 731,984. Its average daily sales are 5,566. What is ABC's Inventory Turnover Ratio (Sales basis)? (show
ABC has inventory of 324,551 and accounts receivable of 731,984. Its average daily sales are 5,566. What is ABC's Inventory Turnover Ratio (Sales basis)? (show your answer to one decimal place, e.g., 4.1)
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