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A company's cost of goods sold in the year of sale (2019) was $950,000 and 2018 cost of goods sold was $970,000. The inventory at

A company's cost of goods sold in the year of sale (2019) was $950,000 and 2018 cost of goods sold was $970,000. The inventory at the end of 2019 was $208,000 and at the end of 2018 the inventory was $228,000. The company's inventory turnover during 2019 was closest to:

Multiple choice:

  • 4.25

  • 4.36

  • 4.57

  • 4.45

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