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Shoes-to-Go sells single shoes, either right-foot or left-foot, which its owner, Mike, finds alongside major...

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Accounting

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Shoes-to-Go sells single shoes, either right-foot or left-foot, which its owner, Mike, finds alongside major highways. The store reported net sales of $600,000, cost of goods of $400,000, and a sales-to-stock ratio of 5 . What is inventory turnover? 1.25 1.67 3.33 5 none of the above

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