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For 2022, Superplus Inc. reported $48,000 beginning inventory and 552,000 ending inventory. Net sales were $320,000 and gross profit was $110,000 for the same period.

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For 2022, Superplus Inc. reported $48,000 beginning inventory and 552,000 ending inventory. Net sales were $320,000 and gross profit was $110,000 for the same period. Based on these figures, inventory turnover for 2022 was Select one: O 4.2 times O 3.4 times 9.2 times O 6.4 times

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