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Multiple Choice Question 187 The following information is available for Bonita Company: 2016 Accounts receivable Inventory Net credit sales Cost of goods sold Net income

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Multiple Choice Question 187 The following information is available for Bonita Company: 2016 Accounts receivable Inventory Net credit sales Cost of goods sold Net income 2017 $367000 287000 3010000 1740000 295000 $ 336000 313000 1360000 850000 178000 The inventory turnover for 2017 is w 6.1 times. O 5.8 times. 5.6 times 3.0 times

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