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Perez Corporation has the following financial data for the years 201 and 202 : a. Compute the inventory turnover for each year using the formula

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Perez Corporation has the following financial data for the years 201 and 202 : a. Compute the inventory turnover for each year using the formula Sales/Inventory. (Round your answers to 2 decimal places.) b. Compute inventory turnover based on an alternative calculation that is used by many financial analysts, Cost of goods sold/Inventory, for each year. (Round your answers to 2 decimal places.)

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