Question: A national firm has sales of $575,000 and cost of goods sold of $368,000 at the beginning of the year, the inventory was $42,000 at

A national firm has sales of $575,000 and cost of goods sold of $368,000 at the beginning of the year, the inventory was $42,000 at the end of the year, the inventory balance was $45,000 what is the inventory turnover rate

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