The Moose Hardware Company had ending inventory of $124,300 this year, ending inventory of $142,000 last year, and $315,000 as cost of goods sold. Compute the inventory turnover rate.

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The Answer of The Moose Hardware Company had ending inventory of $124,300 this year, ending inventory of $142,000 last year, and $315,000 as cost of goods sold. Compute the inventory turnover rate.

The Moose Hardware Company Had Ending Inventory of $124,300 This