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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 $649,500

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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 $649,500 388,900 78,100 Year 1 $583,300 360,880 79, 780 o o o o o

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