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A T-shirt shop had beginning of the month (BOM) stock of $4,000 and end of the month (EOM) stock of $3,000. If sales for the month totaled $7,000, what is the stock turnover rate for the month?

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A T-shirt shop had beginning of the month (BOM) stock of $4,000 and end of the month (EOM) stock of $3,000. If sales for the month totaled $7,000, what is the stock turnover rate for the month?






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