Ch Selected financial information for Feemster Company for 2019 follows. Sales $2 , 000, 000 Cost of goods sold 1, 400, 000 Merchandise inventory Beginning of year 155 , 000 End of year 195 , 000 Required: Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turnover during 2019? Merchandise inventory turnover times [From Edmonds:Fundamental Managerial Accounting Concepts, 6e (0078110890):E13-1A]