Question: Exam 2 - Chapters 5 - 8 ( i A company's sales equal $ 6 0 , 0 0 0 and cost of goods sold

Exam 2- Chapters 5-8(i
A company's sales equal $60,000 and cost of goods sold equals $20,000. Its beginning inventory was $1,600 and its ending inventory is $2,400. The company's inventory turnover ratio equals:
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Exam 2- Chapters 5-8(i A company's sales equal $60,000 and cost

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