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Guttery Corporation Has Provided the Following Financial Data from Its

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Guttery Corporation has provided the following financial data from its balance sheet: Guttery Corporation has provided the following financial data from its balance sheet:   Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.The company's inventory turnover for Year 2 is closest to: A)  5.17 B)  5.56 C)  6.00 D)  0.86 Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.The company's inventory turnover for Year 2 is closest to:


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