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Early in 2 0 2 2 , Flounder Company switched to a just - in - time inventory system. Its sales revenue, cost of goods
Early in Flounder Company switched to a justintime inventory system. Its sales revenue, cost of goods sold, and inventory amounts for and are shown below.
tableSales revenue,$$Cost of goods sold,Beginning inventory,Ending inventory,
b
Determine the inventory turnover for and Round answers to decimal place, eg
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