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Refer to the following selected financial information from Phantom Corp. Compute the company's inventory turnover for Year 2 Merchandise inventory Cost of goods sold Year

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Refer to the following selected financial information from Phantom Corp. Compute the company's inventory turnover for Year 2 Merchandise inventory Cost of goods sold Year 2 Year 1 271,080 253,500 486,400 433,100 Multiple Choice O 1.79 0 171. 1.85, 0.93. 1.75

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