Question: I need assistance with this general accounting question using appropriate principles. XYZ Manufacturing has the following Accounting data: Average Inventory: $120,000 Average Accounts Receivable: $80,000

I need assistance with this general accounting question using appropriate principles.

XYZ Manufacturing has the following Accounting data: Average Inventory: $120,000 Average Accounts Receivable: $80,000 Average Accounts Payable: $65,000 Annual Sales: $480,000 Cost of Goods Sold: $288,000 Calculate the company's inventory turnovers per year

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