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Problem: Module 4 Textbook Problem 2 Learning Objective: 4-2 Calculate ratios for assessing a company's liquidity Selected financial information for Franklin Company for Year 4

image text in transcribed Problem: Module 4 Textbook Problem 2 Learning Objective: 4-2 Calculate ratios for assessing a company's liquidity Selected financial information for Franklin Company for Year 4 follows: Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4 ? (Round your answer to 2 decimal places.)

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