What is the inventory turnover rate per year

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XYZ Corporation had sales of $10,000,000 last year. If the firm maintains $3,500,000 in inventory, what is the inventory turnover rate per year?

Reference no: EM131065365

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What is the inventory turnover rate per year : XYZ Corporation had sales of $10,000,000 last year. If the firm maintains $3,500,000 in inventory, what is the inventory turnover rate per year
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