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If Foxs Fur Foundry had sales of $700,000, a gross profit of $250,000, and an Accounts Payable Turnover ratio of 10, what is the average

If Foxs Fur Foundry had sales of $700,000, a gross profit of $250,000, and an Accounts Payable Turnover ratio of 10, what is the average value of inventory reported on the balance sheet?

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