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Navy and Orange are two competing companies that sell t-shirts. The following data is available...

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Accounting

Navy and Orange are two competing companies that sell t-shirts. The following data is available for the two companies:

Navy Orange
Beginning Inventory $75,000 $82,000
Purchases $74,500 $81,200
Cost of Goods Sold $102,000 $147,700

Which company turns its inventory over more?

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