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Maybell Inc., has the following items for the month of July: Sales revenue $476,300 Cost of goods sold $310,000 Beginning Inventory $67,400 Ending inventory $78,200

Maybell Inc., has the following items for the month of July:

Sales revenue $476,300 Cost of goods sold $310,000

Beginning Inventory $67,400 Ending inventory $78,200

Inventory turnover is?

  1. 3.96
  2. 4.26
  3. 4.60
  4. 7.02

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