Solution-What is the value of inventory turnover

What is the value of inventory turnover

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Large Company
Net sales	$379,420
Cost of sales	$163,100
Gross profit	$216,320
Selling, general, and administrative expenses	$146,610
Operating income	$69,720
Net income	$41,610
Cash and cash equivalents	$50,480
Net receivables	$17,400
Inventories	$223,430
Total current assets	$315,160
Property and equipment	$81,880
Other assets	$66,040
Total assets	$463,090
Accounts payable	$29,540
Stockholder equity	$261,130

What is the value of Inventory Turnover(INVT)? (Choose the closest)

Reference no: EM133071739

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What is the value of inventory turnover

Reference no: EM133071739

Reference no: EM133071739

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