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Howard Shop, Inc. has net sales on account of $1,900,000. The cost of goods sold...

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Accounting

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Howard Shop, Inc. has net sales on account of $1,900,000. The cost of goods sold for the current year is $500,000. The average merchandise inventory is $50,000. Calculate the inventory turnover OA 3.80 times OB. 8.47 times - OC. 0.12 times OD. 3.40 times

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