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Calculator Based on the following data for the current year, what is the inventory turnover? Net sales on account during year Cost of goods sold
Calculator Based on the following data for the current year, what is the inventory turnover? Net 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 Inventory, end of year Do not round interim calculations. Round your final answer to one decimal place. $536,546 176,933 49,257 50,041 33,004 35,740 Select the correct answer 1.3 23.4 5.1
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