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The grocery industry has an annual inventory turnover of about 1 4 times. Organic Grocers, Inc., had a cost of goods sold last year of

The grocery industry has an annual inventory turnover of about 14 times. Organic Grocers, Inc., had a cost of goods sold last year of $11,820,000; its average inventory was $1,002,530. What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?
Part 2
a) What was Organic Grocers' inventory turnover?
enter your response here times per year (round your response to two decimal places).

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