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The following information (in $ millions) was taken from the recent annual reports of two companies. Company A Company B Cost of goods sold $29,874

The following information (in $ millions) was taken from the recent annual reports of two companies.
Company A Company B
Cost of goods sold $29,874 $25,391
Average inventory $2,676 $4,855
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(a) Calculate each companys inventory turnover. (Round answers to 2 decimal places, e.g. 2.55.)
Company A Company B
Inventory turnover times

times

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