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Current Attempt in Progress The following information is available for Waterway Company at December 3 1 1 2 0 : beginning inventory $ 1 6

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The following information is available for Waterway Company at December 31120 : beginning inventory $162000; ending inventory $118000; cost of goods sold $1470000; and sales $1760000. Waterway's inventory turnover in 2020 is
12.57 times.
9.07 times.
10.50 times.
12.46 times.
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