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What are the company inventory turnover ratio

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Sandhill Inc. has sales of $3,800,000, a gross profit margin of 35.0 percent, and inventory of $950,000. What are the company's inventory turnover ratio and days' sales in inventory? (Round inventory turnover ratio to 3 decimal places, e.g. 12.555 and days' sales in inventory to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)

Reference no: EM132459814

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