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Question
TekSupply Inc., an automobile parts supplier, held an average automobile parts inventory of $4 million last year. Its cost of goods sold was $25 million. Therefore, the automobile parts experienced an inventory turnover of _____ turns last year.
a. 2.5
b. 4.25
c. 6.25
d. 9.5
Answer
This answer is hidden. It contains 1 characters.
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