Due in less than 8 hours . Multiple Choice Question Cost of goods sold for Year 2 was $900,000. Sales Or Yes, 2 was $1500,000. Plant and equipment was $500,000 at the end of Year 1 and $750,000 at the end of Year 2. The plant and equipment turnover for Year 2 (rounded to one decimal) was O $900,000/(($500,000 + $750,000)/2) - 14 times O $900.000 / $750 000 = 12 times O $1.500,000 $750,000 - 20 times O $1500,000 $500,000+ $750,000)/2) = 24 times Confidence Level Rate your confidence to submit your