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The following information was available for All Paintings Ltd. at December 31, 2020: Beginning inventory $ 200,000 Ending inventory 300,000 Cost of goods sold

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The following information was available for All Paintings Ltd. at December 31, 2020: Beginning inventory $ 200,000 Ending inventory 300,000 Cost of goods sold 1,500,000 All Paintings Ltd. inventory turnover ratio was A 7.0 times B 6.5 times 8.5 times 6.0 times

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