Question $13$

$1$ pts

Based on the table below, the Inventory Turnover ratio is:

$\backslash$table$[[$come$,$nen$],[$Sales$,$$$20,000,000$

Question $13$

Based on the table below, the Inventory Turnover ratio is:

Income Statement

Sales $$20,000,000$

Cost $of$ Goods Sold $\frac{8,000,000}{12,000,000}$

Shares outstanding of common stock $=1,000,000$

Market prich of common stock $=$$$18.$

Balance Sheet

$\backslash$table$[[$Assets:$,],[$Cash$,$$$5,000,000$