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Use the following information for Shafer Company to compute inventory turnover for year 2. Net sales Cost of goods sold Ending inventory Year 2 $

Use the following information for Shafer Company to compute inventory turnover for year 2. Net sales Cost of goods sold Ending inventory Year 2 $ 654,000 Year 1 $ 584,200 389,800 79,000 360,970 80,680

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