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23 July, 11:37

With net sales of $40,000, beginning inventory at retail of $14,000, ending inventory at retail of $20,000, and cost of goods sold of $19,500, what is the inventory turnover at retail rounded to the nearest hundredth?

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  1. 23 July, 11:58
    0
    It is about 20500 that is what i think it is but it might be wrong
  2. 23 July, 11:59
    0
    Might be 20,500 ... i think
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