Net sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end $380,000 210,000 15,000 18,000 60,000 70,000 The inventory turnover for 2019 was: Multiple Choice 3.0 times o S LO Type here to search . The pricelearnings ratio: Multiple Choice is a measure of the relative expensiveness of a firm's common stock C does not usually change by more than 10 (eg, 8.2 to 9 2) during the year. O can be used to determine the cash dividend to be received during the year. is calculated by dividing the earnings multiple by net income. Gran Type here to search