Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 38,700 $ 33,450 102,000 66,000 91,500 85,500 127,000 131,000 13,300 10,900 394,000. 344,000 107,400 113,800 717,000 682,000 396,000 381,000 Multiple Choice 3.58 Help Save & Exit Multiple Choice Sul 3.58 3.02. 3.07. 3.12. 5.65. Pry ET! Next >