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PA 10-13 (Algo) A retailer has annual sales of... A retailer has annual sales of $525,000 and an average finished-goods inventory of $15,000. If
PA 10-13 (Algo) A retailer has annual sales of... A retailer has annual sales of $525,000 and an average finished-goods inventory of $15,000. If the retailer sells each unit for an average of $27 and purchases the units for $19, what is its annual inventory turnover? Note: Round your answer to 1 decimal place. Annual inventory turnover
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