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Susan's Stationery sold goods that cost $42,000, and had expenses that totaled $5,600. The average stock of goods in a year ending December 31 was
Susan's Stationery sold goods that cost $42,000, and had expenses that totaled $5,600. The average stock of goods in a year ending December 31 was $7,500. What is Susan's Stationery inventory turnover ratio in a year ending December 31? 4.67 5.60 7.50 6.25
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