Allison Co. has a beginning inventory costing $90,000 and an ending inventory costing $120,000. Sales were $380,000. Assume Allison's markup rate is 40%. Based on the selling price, the inventory turnover at cost (to the nearest hundredth) is:   A. None of these   B. 2.17   C. 1.47   D. 2.22   E. 1.58

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Q: inventory

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A:

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A: Answer:

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