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Denver's Designs had sales for the year of $669,200 and cost of goods sold equal...

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Finance

Denver's Designs had sales for the year of $669,200 and cost of goods sold equal to 67 percent of sales. The inventory at the beginning of the year was $118,600 and the end-of-year inventory was $133,700. What was the inventory turnover? Multiple Choice 2.93 times 3.35 times 3.55 times 5.30 times 3.78 times

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