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The following information is available for Miguel Company at December 31, 2020: beginning inventory $160,000; ending inventory $240,000; cost of goods sold $1,050,000; and sales

The following information is available for Miguel Company at December 31, 2020: beginning inventory $160,000; ending inventory $240,000; cost of goods sold $1,050,000; and sales $1,800,000. Everetts inventory turnover in 2020 is

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