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Selected financial information for Campbell Company for Year 4 follows: $1,950,000 1,365,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of year

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Selected financial information for Campbell Company for Year 4 follows: $1,950,000 1,365,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of year 159,000 200,000 1 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) More invoy tulove timos

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