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Red Rover Runners Limited has cost of goods sold totaling $175,000 for the year ended March 31. During the same period, the company had beginning
Red Rover Runners Limited has cost of goods sold totaling $175,000 for the year ended March 31. During the same period, the company had beginning inventory of $35,000 and ending inventory of $45,000. What is the company's inventory turnover ratio?
O 5 times
O 3.9 times
O 0.2 times
O 4.4 times
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