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Crane Company has a beginning merchandise inventory of $17000, an ending merchandise inventory of $23000, sales of $344000, and a cost of goods sold of

Crane Company has a beginning merchandise inventory of $17000, an ending merchandise inventory of $23000, sales of $344000, and a cost of goods sold of $196000. Crane's inventory turnover is 8.5 times. 9.8 times. 15.0 times. 17.2 times

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