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Selected financial information for Munoz Company for Year 4 follows. Sales Cost of goods sold Merchandise inventory Beginning of year End of year Required

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Selected financial information for Munoz Company for Year 4 follows. Sales Cost of goods sold Merchandise inventory Beginning of year End of year Required $1,650,000 1,155,000 152,000 197,000 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.) Merchandise inventory turnover times

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