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QUESTION 3 A store that sells books, magazines, and newspapers has an average inventory of $15,000 at cost. Its cost of goods for the previous

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QUESTION 3 A store that sells books, magazines, and newspapers has an average inventory of $15,000 at cost. Its cost of goods for the previous year was $62,000, and its net profit was 59,000. Calculate the retailer's inventory turnover. 2.14 0413 1.67 14.5 6.89 1 points Save

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