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Selected financial information for Rundle Company for Year 4 follows: $2,580, Bee 1,75e, Bee Sales Cost of goods sold Merchandise inventory Beginning of year End
Selected financial information for Rundle Company for Year 4 follows: $2,580, Bee 1,75e, Bee Sales Cost of goods sold Merchandise inventory Beginning of year End of year 157,000 196, Bee Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) Merchandise inventory tumover times
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