connect.meducation.com Che Concept Videos & Outons Rede ACCIDE001 Oriering 2010 Help Save & Exit Submit Study Mode: Ch Concept Videos & Questions Check my work 35 Ope Oured information Knowledge Check 01 For the current year, Theta Corporation has beginning and ending inventories of $40,000 and $60,000, respectively. Cost of goods sold for the year is $240.000. What is the company's inventory turnover ratio?