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Using the minimum-turnover method, if inventory turnover for the business is 4 (four times per year) and projected sales for the period are $200,000, the

Using the minimum-turnover method, if inventory turnover for the business is 4 (four times per year) and projected sales for the period are $200,000, the minimum required inventory at retail value is Blank______. Multiple choice question. $40,000 $100,000 $50,000 $25,000

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