At December 31, 2008, the following information was available for J. Graff Company: ending inventory ($40,000,) beginning

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At December 31, 2008, the following information was available for J. Graff Company: ending inventory $$40,000,$ beginning inventory $$60,000,$ cost of goods sold $$270,000,$ and sales revenue $$380,000.$ Calculate inventory turnover and days in inventory for J. Graff Company.

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