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QUESTION 8 Use the following data for problems 8-14. Beta Company 7500 Sales Cost of Goods Sold 4000 Avg. Inventories 1000 Avg. Accounts Receivable
QUESTION 8 Use the following data for problems 8-14. Beta Company 7500 Sales Cost of Goods Sold 4000 Avg. Inventories 1000 Avg. Accounts Receivable 1200 Avg. Working Capital 1600 Avg. Cash 400 Avg. Accounts Payable 1000 Avg. Fixed Assets 10000 Annual Purchases 4200 8. Inventory turnover is: a. 3.1 times b. 4 times O c. 6 times
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