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During the year just ended.the retailer James Corporation purchased $445. 000 of inventory. The inventory balance at the beginning of the year was $196. 000.

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During the year just ended.the retailer James Corporation purchased $445. 000 of inventory. The inventory balance at the beginning of the year was $196. 000. If the cost of goods sold for the year was $468. 000.then the inventory turnover for the year was: (Round your Final answers to 2 decimal places.) 2.54 2.39 2.71 2.41

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