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Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total
Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2021 $ 74,000 45,000 317,500 148,000 459,000 274,000 58,000 2020 $ 53,000 69,000 311,000 125,000 422,000 242,000 45,000 Hulkster's 2021 inventory turnover is: (Round your answer to 2 decimal places.) Multiple Choice 260. o o o
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