Q6-58. A company's sales are $550,000 and cost of goods sold is $350,000. Beginning and ending inventories are $27,000 and $38,000, respectively. How many times did the company turn its inventory over during this period? a. 10.8 times b. 6.2 times c. 7.4 times d. 16.9 times

Q6-58. A company's sales are $550,000 and cost of goods sold is $350,000. Beginning and ending inventories are $27,000 and $38,000, respectively. How many times did the company turn its inventory over during this period? a. 10.8 times c. 7,4 times b. 6.2 times d. 16.9 times Q6-58. A company's sales are $550,000 and cost of goods sold is $350,000. Beginning and ending inventories are $27,000 and $38,000, respectively. How many times did the company turn its inventory over during this period? a. 10.8 times c. 7,4 times b. 6.2 times d. 16.9 times