Question: The average inventory at Hamilton Industries, comprising raw materials, work - in - process, and finished goods, was found to be $ 1 7 .

The average inventory at Hamilton Industries, comprising raw materials, work-in-process, and finished goods, was found to be $17.2 million last year. If the cost of goods sold per week averaged $1.32 million, what was the inventory turnover experienced by Hamilton Industries? Assume the company had 50 working weeks per year.

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