Question 17 Not yet answered If a company's cost of goods sold is $120,000, its beginning inventory is $15,000, and its ending inventory is $25,000, what is its inventory turnover? Marked out of 1.00 Flag question O a. 6 times ob. 4.8 times OC. 0.2 times d. 8 times estion 16 yet wered ABC Company sold $1000 worth of merchandise on April 20 to DEF Company. The terms were 2/10, n/30. On April 25 DEF Company returned $300 worth of merchandise. On April 29 ABC Company receives payment in full from DEF Company for the balance due. What amount will be credited to the Accounts Receivable account when the collection of this account is recorded on April 29? rked out of 0 Flag question O a. $686 O b. $680 OC $1000 O d. $700