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Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk. 983,000 with a gross profit on sales of Tk. 295,000. What was the inventory turnover ratio ?

A. 2.78 times
B. 9.27 times
C. 6.49 times
D. 2.89 times
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সঠিক উত্তরঃ C. 6.49 times
Explanation: