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Rouse Incorporated reported sales, cost of sales, and inventory figures for 2014 and 2015 as follows (all dollars in thousands): Sales Cost of Goods Sold
Rouse Incorporated reported sales, cost of sales, and inventory figures for 2014 and 2015 as follows (all dollars in thousands): Sales Cost of Goods Sold Average Inventory 2014 $ 100 $ 85 $ 27 2015 110 90 35 1. What is the amount of inventory turnover for each year? (Round your answers to 2 decimal places.)
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