Exercise 6-13 (Part Level Submission) The cost of goods sold computations for Flounder Company NV and Culver Company NV are shown below. Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold Flounder Company 49,840 197,480 247,320 56,180 191,140 Culver Company 72,210 299,240 371,450 73,670 297,780 (a1) Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 1.25.) Flounder Company Culver Company Inventory turnover ratio Attempts: 0 of 2 used