Question: Char Daniels, controller for Chaka Inc., has the following items: Sales revenue $300,000 / Cost of goods sold /$180,000 /Beginning inventory $85,000 /Ending inventory $65,000.

Char Daniels, controller for Chaka Inc., has the following items: Sales revenue $300,000 / Cost of goods sold /$180,000 /Beginning inventory $85,000 /Ending inventory $65,000. Inventory turnover is:

Select one:

a. 4.00.

b. 2.40.

c. 2.00.

d. 2.12.

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