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What is Susan Stationery inventory turnover ratio

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Question - Susan's stationery sold goods that cost $42000, and had expenses that totaled $5600. The average stock of goods in a year ending December 31 was $7500. What is Susan's stationery inventory turnover ratio in year ending December 31?

a. 7.50

b. 6.25

c. 5.60

d. 4.67

Reference no: EM132749597

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