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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley. Inc: ending inventory $152,000, beginning inventory

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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley. Inc: ending inventory $152,000, beginning inventory $121,000, cost of goods sold $393,120, and sales revenue $779,000. (a1) Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, es. 5.12.) Inventory turnover times eTextbook and Media Attempts: 0 of 2 used

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