Calculate inventory turnover for the following independent situations.
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Q46: Inventory data for Hot Buys Company for
Q47: Consider the following data: Q49: When applying the lower-of-cost-or-net-realizable-value rules to ending Q50: A firm can change their inventory costing Q52: State some guidelines a company's management could Q53: FIFO uses "old" inventory costs against revenue. Q54: State which of the following inventory methods Q57: If year-end inventory is reduced from cost Q71: The lower-of-cost-or-net-realizable-value rule applies only when a Q73: Ending inventory under FIFO reflects the cost
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