The following information pertains to Soho Company. Assume that all statement of financial position amounts represent both average and ending balance figures. Assume that all sales were on credit. 
What is the inventory turnover for Soho?
Definitions:
Americans
Refers to the citizens or natives of the United States, often in the context of discussing national identity, culture, or social issues.
Product Differentiation
A marketing strategy that businesses use to distinguish their products from similar offerings in the market by highlighting unique features, quality, or brand.
Out-of-Print Books
Books that are no longer being published or available for sale through normal distribution channels, often due to low demand or relevance.
Cornfield
A field in which corn is grown, often symbolizing areas of agricultural farming.
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