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Bacon Applied Technologies (BAT) Companys merchandise inventories and other selected amounts for Year 2 follow: Sales $3,000,000 Cost of Goods Sold 2,200,000 Merchandise Inventory: Beginning

Bacon Applied Technologies (BAT) Company’s merchandise inventories and other selected amounts for Year 2 follow:

Sales $3,000,000

Cost of Goods Sold 2,200,000

Merchandise Inventory:

Beginning of Year 500,000 E

nd of Year 600,000

How many times did the merchandise inventory turn over during Year 2?

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