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Denver's Designs had sales for the year of $687,800 and cost of goods sold equal to 61.00 percent of sales. The inventory at the beginning
Denver's Designs had sales for the year of $687,800 and cost of goods sold equal to 61.00 percent of sales. The inventory at the beginning of the year was $124,000 and the end-of-year inventory was $140,300. What was the inventory turnover?
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