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Sunland Company has a beginning merchandise inventory of $20000, an ending merchandise inventory of $30000, sales of $347000, and a cost of goods sold of
Sunland Company has a beginning merchandise inventory of $20000, an ending merchandise inventory of $30000, sales of $347000, and a cost of goods sold of $195000. Sunlands inventory turnover is
6.5 times.
7.8 times.
11.6 times.
13.9 times.
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