(Answered) Selected financial information for atwell company for 2009

Finance

Selected financial information for Atwell Company for 2009 follows.

Sales	$1,500,000
Cost of goods sold	1,200,000
Merchandise inventory
Beginning of year	180,000
End of year	220,000

Required

Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during 2009?

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