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Suppose we are given the following information: Sales: $ 1 2 0 , 4 6 0 Costs: $ 6 6 , 6 5 6 Inventory:

Suppose we are given the following information:
Sales: $120,460
Costs: $66,656
Inventory: $27,392
Accounts receivable: $29,967
What is the inventory turnover ratio (ITR)? Assume a 365-day year.
Enter your answer rounded off to two decimal points.
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