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Please show work. Thank you During the year just ended, the retailer James Corporation purchased $449,000 of inventory. The inventory balance at the beginning of

Please show work. Thank you

During the year just ended, the retailer James Corporation purchased $449,000 of inventory. The inventory balance at the beginning of the year was $199,000. If the cost of goods sold for the year was $472,000, then the inventory turnover for the year was: (Round your Final answers to 2 decimal places.)

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