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What will sales be if average retail inventory is $48,000 and inventory turnover is 7.8? Discussion: Inventory turnover is 7.8. Does this mean physical inventory

  1. What will sales be if average retail inventory is $48,000 and inventory turnover is 7.8? Discussion: Inventory turnover is 7.8. Does this mean physical inventory has been replaced 7.8 times during the year?

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