The financial statements of CVS Caremark reported the following information (in millions): ...

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Accounting

The financial statements of CVS Caremark reported the following information (in millions):
CVS Caremark Year 2 Year 1
Net sales $126,761 $123,120
Cost of sales 102,978100,632
Inventories, net 11,04511,032
The inventory turnover ratio for Year 2 is:
Group of answer choices
9.33
8.32
10.22
11.48

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