Question: Based on the following data for the current year, what is the inventory turnover (rounded to one decimal place)? Sales on account during year

Based on the following data for the current year, what is the inventory turnover (rounded to one decimal place)? Sales on account during year $438,077 Cost of goods sold during year 199,881 Accounts receivable, beginning of year 44,112 Accounts receivable, end of year 53,427 Inventory, beginning of year 33,636 Inventory, end of year 42,434

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