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Accounting, please help!!! Mercer, Inc., and Tivolian Enterprises are competitors in the toy industry. Last year the companies' operations were identical, the only difference between

Accounting, please help!!!

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Mercer, Inc., and Tivolian Enterprises are competitors in the toy industry. Last year the companies' operations were identical, the only difference between them being that Mercer uses the last-in, first-out inventory costing method and Tivolian uses the first-in, first-out method. Inventory prices increased during the year. The two companies reported the following amounts in their financial statements. Calculate inventory turnover for each company. (Round answers to 1 decimal place, e.g. 50.1.) The parts of this question must be completed in order. This part will be available when you complete the part above

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