Question: Selected information about ABC Company's Year 2 is provided below: Sales $100,000 Gross Margin 25% Beginning Inventory $6,000 Ending Inventory $9,000 What is ABC Company's

Selected information about ABC Company's Year 2 is provided below:

Sales $100,000 Gross Margin 25% Beginning Inventory $6,000 Ending Inventory $9,000

What is ABC Company's Inventory Turnover?

Your answer should fall within one of the following ranges.

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