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Enter response to the third question 4 . A retailer holds $ 7 0 0 , 0 0 0 worth of jars in inventory January

Enter response to the third question

4 .

A retailer holds $

700, 000

worth of jars in inventory January

1

and $

900, 000

the following December

31 .

Revenues generated by jar sales totaled $

4

million during the year. What is average inventory, inventory turns, and Inventory days?

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