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Company Z had the following information: beginning inventory $10,000, purchases $55,000, ending inventory $5,300, beginning accounts receivables $74,000, and ending accounts receivable $76,000. What is

Company Z had the following information: beginning inventory $10,000, purchases $55,000, ending inventory $5,300, beginning accounts receivables $74,000, and ending accounts receivable $76,000. What is the companys inventory turnover ratio?

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A. 7.80

B. 13.96

C. 11.26

D. 31.49

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