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Given the following information, calculate the inventory turnover ratio. Inventory, beginning of year - $15,000 Cost of goods sold - $133,000 Inventory purchases $143,000 Ending
Given the following information, calculate the inventory turnover ratio. Inventory, beginning of year - $15,000 Cost of goods sold - $133,000 Inventory purchases $143,000 Ending accounts payable - $175,000 0 6.65 0 7.15 O 8.75 O 5.32
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