Al-Jboor Company pays weekly salaries of 60,000$ on Thursday for for a five days week working (Sunday to Thursday), The adjusting entry necessary at the end of the fiscal period ending on Tuesday is: The 2011 financial statements of A Company reported beginning inventory of $400,000, ending inventory of $800,000, and cost of goods sold of $2,400,000 for the year. company's inventory turnover ratio for 2011 was; O 2 times. 4 times. O 3 times. O 6 times