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Lito & Sons Woodworks has a beginning inventory of $60,000 and ending inventory of $84,000...

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Accounting

Lito & Sons Woodworks has a beginning inventory of $60,000 and ending inventory of $84,000 for the current period. The company had sales of $340,000 and cost of goods sold of $200,000 during the period. What was the inventory turnover?

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