McGraw-Hill Connect X Connect meducation.com/ext/map/index.html?con conexternal_browser=0&launchUrlHhttps%253 Flms.mheducation.com%252Fmghmiddle Given the following information, how many times does the firm turnover its inventory during the year? Beginning inventory $50,000 Ending inventory = $45,000 Beginning Accounts Receivable - $60,000 Ending Accounts Receivable = $66,000 Beginning Accounts Payable - $70,000 Ending Accounts Payable - $84,000 Sales - $1,000,000 % credit sales -70% Cost of goods sold - $450,000 Multiple Choice SO 15.87 times O mes 16 of 48 Next > MacBook Air So 0 $ 4 3 % 5 & 7 6 8 9 w W