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Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets
Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 48,000 $ 37,000 21,000 44,000 199,000 191,000 119,000 119,000 434,000 418,000 241,000 226,000 34,000 37,000 Stealth Company's 2021 Inventory turnover is: (Round your answer to 2 decimal places.) Multiple Choice 612 times 9.29 times 5.67 times
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