18. Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 $ 39,000 105,000 93,000 128,500 13,600 395,500 105,900 718,500 397,500 Year 1 $ 33,750 67,500 87,000 132,500 11,200 345,500 115,300 683,500 382,500 3.59. 5.59 3.00 3.05 3.09