Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2 Year 2 Year 1 Cash $ 37,900 $ 32,650 Short-term investments 00e't6 e00'29 87,see 81,s00 123,e00 127,eee ees'zt 10,1ee eee'06 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets eee'ev 111,400 109,800 Accounts payable Net sales Cost of goods sold eee'849 00e'ETL eee'LLE 000'26E Multiple Choice 314. 3.19 3.54