The records of Eagle Corp. showed the following on December…

Questions

The recоrds оf Eаgle Cоrp. showed the following on December 31, 2024: Net Purchаses $350,000 Purchаse Returns $30,000 Gross Profit $375,000 Beginning Inventory $20,000 Gross Sales Revenue $600,000 Sales Returns $60,000 Calculate Eagle Corp.'s Inventory Turnover Ratio for 2024? (round to two decimal places)

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