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19 Year ended 12/31/2031 Net sales $8,119 Cost of goods sold 4,937 Selling and administrative expense 2,079 Interest expense 30 586 Income before taxes

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19 Year ended 12/31/2031 Net sales $8,119 Cost of goods sold 4,937 Selling and administrative expense 2,079 Interest expense 30 586 Income before taxes a 517 p Net Incone 628 Pet Cash and cash equivalents Receivables, net Inventories Land, buildings and equipment at cost, net Total assets Total current liabilities Long-term debt Total Liabilities Total stockholders' equity Required: 12/31/2021 $1,145 1,100 12/31/2828 $ 82 834 689 1.225 13,678 4,014 $17,220 $5,618 $5,917 $2,379 5,761 2,391 $11,678 $4,770 $5,542 S048 Compute the inventory turnover ratio for 2021. (Round your answer to 1 decimal place.) Inventory umeve Help Save

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