Question: Calculate Inventory Turns - in turns - using the data you need from the list below: Annual Sales: $64'396,576 Annual Cost of materials consumed and

Calculate Inventory Turns - in turns - using the data you

Calculate Inventory Turns - in turns - using the data you need from the list below: Annual Sales: $64'396,576 Annual Cost of materials consumed and Sold: $43'511,200 Annual Year-End Profit: $20'885,376 Inventory moving average at year-End: $16'725,000 Profit Margin: 48% 1 a. 2.01 , 3.2 c. 1.9 O d. 2.60

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