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Red Company had the following records: Ending inventories: 2012-$34,580, 2011-$27,650, 2010-$30,490. Cost of goods sold: 2012-$182,000, 2011-$178,000, 2010-$174,200. What is Red's inventory turnover ratio for

Red Company had the following records: Ending inventories: 2012-$34,580, 2011-$27,650, 2010-$30,490. Cost of goods sold: 2012-$182,000, 2011-$178,000, 2010-$174,200. What is Red's inventory turnover ratio for 2011? (rounded)

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