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Cheree, Inc.'s cost of goods sold for the year is $1, 190,000, and the average merchandise inventory for the year is $61,000. Calculate the inventory

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Cheree, Inc.'s cost of goods sold for the year is $1, 190,000, and the average merchandise inventory for the year is $61,000. Calculate the inventory turnover ratio of the company. . . . O A. 21.15 times O B. 16.76 times O C. 19.51 times O D. 1.05 times

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