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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

  1. Ending inventory $25,000

Purchases during the year 127,000

Beginning inventory 30,000

  1. Purchases during the year $350,000

Beginning inventory 50,000

Ending inventory 42,500

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