Question: Module 4 Textbook Problem 2 Learning Objective: 4-2 Calculate ratios for assessing a company's liquidity Selected financial information for Adams Company for Year 4 follows:

Module 4 Textbook Problem 2 Learning Objective: 4-2 Calculate ratios for assessing a company's liquidity Selected financial information for Adams Company for Year 4 follows: Sales $2,150,000 Cost of goods sold Merchandise inventory Beginning of year End of year 1,505,000 159,000 199,000 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) Merchandise inventory turnover times

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