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Business, 08.10.2019 17:30 student0724

Henderson corporation is a supplier of alloy ball bearings to auto manufacturers in detroit. because of the specialized manufacturing process employed, considerable work-in-process and raw material inventories are created. the average inventory levels are $1,152,000 and $2,725,000, respectively. in addition, finished goods inventory is $3,225,000, and sales (at cost) for the current year are expected to be about $24 million. the inventory turnover that henderson corporation is currently expecting is:

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