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Welton Suites has acquired $ 3 0 0 , 0 0 0 beginning inventory in 2 0 1 1 . The ending inventory of the

Welton Suites has acquired $300,000 beginning inventory in 2011. The ending inventory of the same year is $430,000. Also, this hotel has $2,080,000 worth of goods in 2011. Based on the infor-mation given, calculate the inventory turnover ratio for Welton in 2011.

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