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A company has an inventory turnover ratio of 420

Question - A company has an inventory turnover ratio of 4.20, merchandise inventory for 2017 of $87,065, and cost of goods sold of $315,000. What is the average inventory? (Round your answer to the nearest whole dollar and do not use commas or dollar signs in your answer)

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Accounting Basics: A company has an inventory turnover ratio of 420

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