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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakl Inc.: ending inventory $165,000, beginning inventory

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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakl Inc.: ending inventory $165,000, beginning inventory $121,000, cost of goods sold $346,060, and sales revenue $762,000. (a) Calculate the inventory tumover for Oakley, Inc. (Round inventory tumover to 2 decimal places, e.8. 5.12.) Inventory turnover times

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