Question 21 10 / 10 pts Selected information for 20x1 for the Bernstein Company is as follows: Cost of goods sold $6,000,000 Average inventory $2,000,000 Net sales $8,000,000 Average receivables $3,000,000 $1,000,000 Net income Assuming a 360-day business year, what was the inventory turnover ratio for Bernstein? 3 4 LO 6