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Brief Exercise 18-12 (Part Level Submission) The following data are from the income statements of Haskin Company. 2017 2016 $6,200,000 855,000 4,680,000 940,000 $6,310,000 Sales

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Brief Exercise 18-12 (Part Level Submission) The following data are from the income statements of Haskin Company. 2017 2016 $6,200,000 855,000 4,680,000 940,000 $6,310,000 Sales revenue Beginning inventory Purchases Ending inventory 940,000 4,350,000 1,000,000 (al) Your answer is correct. Compute for each year the inventory turnover. (Round answers to 1 decimal place, e.g. 1.6.) 2017 2016 Inventory turnover 4.42 5.12 times times

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