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The following information was available for Sheridan Company at December 31, 2020: beginning inventory $45000; ending inventory $75000; cost of goods sold $780000; and sales

The following information was available for Sheridan Company at December 31, 2020: beginning inventory $45000; ending inventory $75000; cost of goods sold $780000; and sales $1370000. Sheridan's inventory turnover in 2020 was O 13.0 times. O 10.4 times. O 22.8 times. O 17.3 times

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