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Hills Sports Equipment, Inc. had net credit sales of $32,000,000 and cost of goods sold of $24,000,000 for the year. The average inventory for the

Hills Sports Equipment, Inc. had net credit sales of $32,000,000 and cost of goods sold of $24,000,000 for the year. The average inventory for the year amounted to $3,000,000. Inventory turnover for the year is

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