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Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2 Year 2 Year 1 Cash Short-term investments

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Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2 Year 2 Year 1 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses $38,000 32,75e 95,00 62,580 88,800 82,000 123,500 127, 500 12,600 10,260 390,580 340,500 110,900 110,3e 713,500 678,5e 392,500 377,580 Plant assets Accounts payable Net sales Cost of goods sold

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