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Please answer the merchandise inventory turnover on the problem listed below. Selected financial information for Fanning Company for 2019 follows: -.1 151, ooo 193,000 Sales
Please answer the merchandise inventory turnover on the problem listed below.
Selected financial information for Fanning Company for 2019 follows: -.1 151, ooo 193,000 Sales Cost of goods Merchandise inventory Beginning of End of year Required $1, 750, ooo sold year Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during 2019? (Round your answer to 2 decimal places.) ry- move times
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