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Denver's Designs had sales for the year of $647,500 and cost of goods sold equal to 71 percent of sales. The inventory at the beginning
Denver's Designs had sales for the year of $647,500 and cost of goods sold equal to 71 percent of sales. The inventory at the beginning of the year was $112,300 and the end-of-year inventory was $126,000. What was the inventory turnover? Multiple Choice 3.86 times O 3.19 times 5.43 times O 409 times O 3.65 times
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