How many times per year does palmer enterprises turn over, Financial Management

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How many times per year does palmer enterprises turn over

Palmer Enterprises has an inventory conversion period of 50 days, an average collection period of 35 days, and a payables deferral period of 25 days. Assume that cost of goods sold is 80% of sales.

a. How many times per year does Palmer Enterprises turn over its inventory?

Please show all work/formulas in excel

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Financial Management: How many times per year does palmer enterprises turn over

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