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Saved Selected financial information for Franklin Company for Year 4 follows: $1,700,000 1,190,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of

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Saved Selected financial information for Franklin Company for Year 4 follows: $1,700,000 1,190,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of year 158,000 196,000 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 42 (Round your answer to 2 decimal places.) Merchandise Inventory turnover times

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