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Savannah Kiel: Attempt 1 Question 15 (4 points) Sugar, Inc. sells $938,600 of goods during the year that have a cost of $797,200. Inventory was
Savannah Kiel: Attempt 1 Question 15 (4 points) Sugar, Inc. sells $938,600 of goods during the year that have a cost of $797,200. Inventory was $59,566 at the beginning of the year and $68,076 at the end of the year. What is the inventory turnover ratio? 12.5 times 13.4 times 14.7 times 30 2.2 times onse Question 16 (4 points) Accounts Payable had a balance of $9,100 at the beginning of the month. During the month, three debits in the amounts of $2.350, $5,650, and $7,400 were posted to Accounts Payable, and three credits in the amounts of $1,800, $4,750, and $6,350 were posted to Accounts Pavahle What is the endine halance of the Accounts Pavahle arcount? 13 Saved
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