Suppose that the annual cost of goods sold is $4,000,000, annual sales amount to $6,000,000, and average inventory in dollars equals $2,000,000. What is the inventory turnover?

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The Answer of Suppose that the annual cost of goods sold is $4,000,000, annual sales amount to $6,000,000, and average inventory in dollars equals $2,000,000. What is the inventory turnover?

Suppose That the Annual Cost of Goods Sold Is $4,000,000