(Ch 15, 16, 17) -TEGRITY RECORDING Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2 5 . Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 38,700 $ 33,450 102,000 66,000 91,500 85,500 127, eee 131, eee 13,300 10,900 394,000 344,000 107, 4ee 113,800 717, eee 682,000 396, eee 381,000 Multiple Choice ho 3.12 O 3.02 3.58