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In a recent annual report, Sheffield Inc. reported beginning inventory of $1,900 million and ending inventory of $1,800 million, cost of goods sold of $12,950
In a recent annual report, Sheffield Inc. reported beginning inventory of $1,900 million and ending inventory of $1,800 million, cost of goods sold of $12,950 million, and net sales of $15,200 million. (a1) Compute Sheffield's inventory turnover. (Round answer to 2 decimal places, e.g. 7.62.)
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