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Deere & Compary is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company reports inventory and cost of goods sold using
Deere \& Compary is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company reports inventory and cost of goods sold using the LIFO method. Suppose it reported the following information in its 2022 annual report. (a1) Compute Deere's inventory turnover for 2022. (Round inventory tumover to 2 decimal places es. 5.12)
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