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Wedge Corporation had beginning inventory of $ 3 5 , 0 0 0 and ending inventory of $ 4 1 , 0 0 0 .

Wedge Corporation had beginning inventory of $35,000 and ending inventory of $41,000. Its net sales were $155,000 and net purchases were $93,000. Cost of goods sold for the period was $87,000.
What is Wedge's rate of inventory turnover? (Round your answer to one decimal place.)
A.2.1 times
B.2.3 times
C.2.5 times
D.1.8 timesN
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