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Beginning inventory = $450,000 Purchases = $150,000 Inventory turnover = 1.5 Average inventory $300,000 What is the ending inventory? Group of answer choices $450,000 $300,000

Beginning inventory = $450,000

Purchases = $150,000

Inventory turnover = 1.5

Average inventory $300,000

What is the ending inventory?

Group of answer choices

$450,000

$300,000

$150,000

$100,000

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