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Denver's Designs had sales for the year of $628,900 and cost of goods sold equal to 65 percent of sales. The inventory at the beginning
Denver's Designs had sales for the year of $628,900 and cost of goods sold equal to 65 percent of sales. The inventory at the beginning of the year was $106,900 and the end-of-year inventory was $119,400. What was the inventory turnover?
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