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Company inventory turnover ratio

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Reference no: EM131868713

JP Vineyards has sales of $847,000, a gross profit margin of 0.380, and inventory of $180,000. What is the company's inventory turnover ratio?

Reference no: EM131868713

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Company inventory turnover ratio : JP Vineyards has sales of $847,000, a gross profit margin of 0.380, and inventory of $180,000. What is the company's inventory turnover ratio?
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