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The following information is available for Park Company at December 31, 2014, beginning inventory $80,000, ending inventory $120,000; cost of goods sold $1,200,000, and sales

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The following information is available for Park Company at December 31, 2014, beginning inventory $80,000, ending inventory $120,000; cost of goods sold $1,200,000, and sales $1,600,000. Park's inventory turnover in 2014 is? Select one: a. 16 times b. 15 times C. 12 times d. 10 times

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