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Famous Farm's payables deferral period (PDP) is 40 days (on a 365-day basis), accounts payable are $120 million, and its balance sheet shows inventory of

Famous Farm's payables deferral period (PDP) is 40 days (on a 365-day basis), accounts payable are $120 million, and its balance sheet shows inventory of $208 million. What is the inventory turnover ratio?

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