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Harton Company, a retailer, had cost of goods sold of $ 2 5 0 , 0 0 0 last year. The beginning inventory balance was

Harton Company, a retailer, had cost of goods sold of $250,000 last year. The beginning inventory balance was $10,000 and the ending inventory balance was $12,000. The company's inventory turnover was closest to:
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25 times.
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10.42 times.

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