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Calculate inventory turnover for the following independent situations. Required Ending inventory $25,000 Purchases during the year 127,000 Beginning inventory 30,000 Purchases during the year $350,000
Calculate inventory turnover for the following independent situations.
Required
- Ending inventory $25,000
Purchases during the year 127,000
Beginning inventory 30,000
- Purchases during the year $350,000
Beginning inventory 50,000
Ending inventory 42,500
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