Question: Partial financial information for Fields Pharmacy for the year 2017 is provided below. Inventory as of January 1, 2017 $48,000 Inventory as of December 31,

Partial financial information for Fields Pharmacy for the year 2017 is provided below. Inventory as of January 1, 2017 $48,000 Inventory as of December 31, 2017 $37,000 Sales revenue $102,000 Cost of goods sold $71,000 What is the Inventory Turnover Ratio

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