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The following information was available for Pharoah Company at December 31, 2022: beginning inventory $70000; ending inventory $102000; cost of goods sold $624000; and sales

The following information was available for Pharoah Company at December 31, 2022: beginning inventory $70000; ending inventory $102000; cost of goods sold $624000; and sales $816000. Pharoah inventory turnover ratio in 2022 was

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9.5 times.

6.1 times.

7.3 times.

8.9 times.

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