Selected financial information for Edwards Company for Year 4 follows: $800,0e8 5ee, eee Sales Cost...
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Accounting
Selected financial information for Edwards Company for Year 4 follows: $800,0e8 5ee, eee Sales Cost of goods sold Merchandise inventory Beginning of year End of year 37,500 42,500 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) Merchandise inventory turnover Itimes
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