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Bummel and Strand Corp. has a gross profit margin of 37.76 percent, sales of $42,135,000, and inventory of $12,357,000. What is its inventory turnover ratio?

Bummel and Strand Corp. has a gross profit margin of 37.76 percent, sales of $42,135,000, and inventory of $12,357,000. What is its inventory turnover ratio?

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