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Business, 13.05.2020 05:57 friskowale

Inventory and prepaid expenses account for $30,000 of the current year's current assets. Average inventory for the current year is $38,250. Average net accounts receivable for the current year is $45,000. There are 35,000 shares of common stock outstanding. Total dividends paid during the current year were $17,000. The market price per share of common stock is $20. What is the inventory turnover for the current year

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