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Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. If net sales for the current year are $4,429,200 and the corresponding cost of sales totaled $3,321,900, what is the inventory turnover for the current year?

User JonF
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5 votes

Answer:

9.75

Step-by-step explanation:

User Spidfire
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