QUESTION 13 BBB reported net revenues of $21,518,023 and cost of goods sold of $7,024,820. BBB's inventories consisted of: 2019 2018 Work-in-process $7,541,850 $6,784,993 Finished goods 5,481,806 8,383,469 Total inventories $13,023,656 $15,168,462 The inventory turnover for 2019 was: (DO NOT write your answer in percent and round your answer to two decimal places. For example, if your answer is 0.42643, type 0.43) QUESTION 14 Firms may prefer a double-declining balance depreciation method for tax reporting in order to minimize their taxes. However, it will not save any tax dollars because the total amount of depreciation exponse will be the same no matter what depreciation method the firms use. True Falso