Company Name Cost of Goods Sold (in millions) Average Inventory (in millions) Inventory Turnover Ratio Walmart Inc.
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Question:
Company Name | Cost of Goods Sold (in millions) | Average Inventory (in millions) | Inventory Turnover Ratio |
Walmart Inc. | $100 | $20 | |
Target Corporation | $80 | $15 |
Calculate the inventory turnover ratio for Walmart Inc. and Target Corporation.
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