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ProShopper,'a sportswear store, held an average sportswear inventory of $ 1 0 million last year and reported an inventory turnover of 5 times per year.

ProShopper,'a sportswear store, held an average sportswear inventory of $10 million last year and reported an inventory turnover of 5 times per year. What was its cost of goods sold?
a. $10 million
b. $20 million
c. $40 million
d. $50 million
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