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Based on the following data for the current year, what is the inventory turnover? $483,715 218,358 Sales on account during year Cost of goods sold
Based on the following data for the current year, what is the inventory turnover? $483,715 218,358 Sales on account during year Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year 44,084 45,507 33,487 Inventory, end of year 43,716 Do not round interim calculations. Round your final answer to one decimal place. Oa. 5.7 Ob. 29.1 Oc. 14 Od. 2.2
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