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Question - Cullumber Inc. reported inventory at the beginning of the current year of $250000 and at the end of the current year of $301000. If net sales for the current year are $3879200 and the corresponding cost of sales totaled $2755000, what is the inventory turnover for the current year?
a. 9.15.
b. 14.08.
c. 12.89.
d. 10.00.
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