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Calculate the inventory turnover ratio for Walmart Inc. using the following data: Cost of Goods Sold: $300,000 Average Inventory: $50,000 Determine the accounts payable turnover

    • Calculate the inventory turnover ratio for Walmart Inc. using the following data:
      • Cost of Goods Sold: $300,000
      • Average Inventory: $50,000
    • Determine the accounts payable turnover ratio for Walmart Inc. with the provided details:
      • Purchases: $400,000
Average Accounts Payable: $60,000

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