Compute Inventory turnover: Sales 250,000 AC Accounts Receivable 50,000 40,000 Current Liabilities 30,000 Current Assets Net Income Cost of Goods Sold 30,000 Long-Term Assets 35,000 60,000 Prepaid Expenses 10,000 Inventory 25,000 Plant & Equipment 70,000 2.40 0.86 1.25 2.00