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Home X My Home x % CengweNoW2 Online te me .com/ilm/take Assignment/take Assignment Main.doFinvoker-takeAssignmentSessionLocator &inprogrestfale to oBook Show Me How Inventory Turnover The following data

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Home X My Home x % CengweNoW2 Online te me .com/ilm/take Assignment/take Assignment Main.doFinvoker-takeAssignmentSessionLocator &inprogrestfale to oBook Show Me How Inventory Turnover The following data (in millions) were taken from recent annual reports of Tomato Computer, Inc, a manufacturer of personal computers and related products, and Happy Times Corporation, a manufacturer and distributor of greeting cards and related products: Tomato Happy Times Cost of merchandise sold $5,370,250 51,830.900 Inventory end of year 96.000 161,000 Inventory beginning of the year 59.000 198,000 . Determine the inventory turnover for Tomato and Happy Times. Round to one decimal place. Tomato Happy Times b. Would you expect Happy Times Inventory turnover to be higher or lower than Tomato

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