Calculate the inventory turnover ratio for Starbucks Corporation using the following financial data for the year ended
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Question:
Calculate the inventory turnover ratio for Starbucks Corporation using the following financial data for the year ended December 31, 2023:
- Cost of Goods Sold: $800,000
- Average Inventory: $200,000
Question:
What is the inventory turnover ratio for Starbucks Corporation based on the given data?
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