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Inventory Turnover Ratio Question : Calculate the inventory turnover ratio given: COGS: $50,000 Average Inventory: $10,000 Requirements : Determine the inventory turnover ratio using the

Inventory Turnover Ratio

Question: Calculate the inventory turnover ratio given:

COGS: $50,000

Average Inventory: $10,000

Requirements: Determine the inventory turnover ratio using the given COGS and average inventory values.

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