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Howard Shop, Inc. has net sales on account of $1,880,000. The cost of goods sold for the current year is $460,000. The average merchandise
Howard Shop, Inc. has net sales on account of $1,880,000. The cost of goods sold for the current year is $460,000. The average merchandise inventory is $58,000. Calculate the inventory turnover. A. 7.93 times OB. 3.63 times C. 0.13 times OD. 4.09 times
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