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Your firm has sales of $879,000 and cost of goods sold of $568,000. At the beginning of the year, your inventory was $38,000. At the
Your firm has sales of $879,000 and cost of goods sold of $568,000. At the beginning of the year, your inventory was $38,000. At the end of the year, the inventory balance was $43,000. What is the inventory turnover rate? 14.02 times O 14.95 times 15.19 times 20.44 times 21.70 times
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