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Oliver Company sells $709,300 of goods during the year that have a cost of $518,600. Inventory was $30,983 at the beginning of the year and
Oliver Company sells $709,300 of goods during the year that have a cost of $518,600. Inventory was $30,983 at the beginning of the year and $35,238 at the end of the year. What is the inventory turnover ratio? (Round your final answer to 1 decimal place.
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