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At the beginning of 2020, Acatela Wholesale Corp. had inventory of $350,000. It ended the year with inventory of $70,000 after purchasing $220,000 worth of

At the beginning of 2020, Acatela Wholesale Corp. had inventory of $350,000. It ended the year with inventory of $70,000 after purchasing $220,000 worth of inventory during the year. The cost of sales totalled $500,000. Calculate the inventory turnover ratio. O 238 O 271 476 0183

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