Multiple Choice Question 169

Sheridan Company had the following records:

		2017		2016
Ending inventory		$28650		$23490
Cost of goods sold		320300		317800

What is Sheridan inventory turnover ratio for 2017? (rounded)

12.3 times

13.6 times

11.2 times

12.2 times

Multiple Choice Question 169 Sheridan Company had the following records: 2017 Ending inventory $28650 Cost of goods sold 320300 2016 $23490 317800 What is Sheridan inventory turnover ratio for 2017? (rounded) O 12.3 times O 13.6 times O 11.2 times O 12.2 times