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Selected financial information for Feemster Company for 2019 follows. Sales $2 , 000 , 000 Cost of goods sold 1, 400 , 000 Merchandise inventory

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Selected financial information for Feemster Company for 2019 follows. Sales $2 , 000 , 000 Cost of goods sold 1, 400 , 000 Merchandise inventory Beginning of year 155 , 000 End of year 195 , 000 Required: Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turnover during 2019? Merchandise inventory turnover : times

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