Calculate the inventory turnover ratio of the company.

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Reference no: EM13865017

Zebra, Inc. cost of goods sold for the year is? $2,300,000, and the average merchandise inventory for the year is? $139,000. Calculate the inventory turnover ratio of the company.? (Round your answer to two decimal? places.)

A.6.04 times

B.93.96 times

C.16.55 times

D.8.27 times

Reference no: EM13865017

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