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For 2022, Wildhorse Inc reported $70000 beginning inventory and $74000 ending inventory. Net sales were $538800 and gross profit was $330000 for the same period.

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For 2022, Wildhorse Inc reported $70000 beginning inventory and $74000 ending inventory. Net sales were $538800 and gross profit was $330000 for the same period. Based on these figures, inventory turnover for 2022 was O 12.4 times O 2.9 times. O 7.5 times. O 3.7 times

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