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RGB, Inc. has a gross profit of $80,000 on sales of $350,000. The balance sheet shows average total assets of $150,000 with an average inventory

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RGB, Inc. has a gross profit of $80,000 on sales of $350,000. The balance sheet shows average total assets of $150,000 with an average inventory balance of $45,000. RGB's inventory turnover is closest to: 6 times. 4 times. 1.8 times

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