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For 2022, Sunland Inc. reported $56000 beginning inventory and $60000 ending inventory. Net sales were $398800 and gross profit was $190000 for the same period.

For 2022, Sunland Inc. reported $56000 beginning inventory and $60000 ending inventory. Net sales were $398800 and gross profit was $190000 for the same period. Based on these figures, inventory turnover for 2022 was

6.9 times.

3.6 times.

3.4 times.

10.5 times.

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