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Sun Conceptssels and installs solar energy products. Information from the financial statements for the last two years revealed the following: Beginning Inventory $ 90,000 130,000

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Sun Conceptssels and installs solar energy products. Information from the financial statements for the last two years revealed the following: Beginning Inventory $ 90,000 130,000 Year 1 Year 2 Ending Inventory cost of Goods Sold $ 130,000 $ 605,000 110.000 720.000 The inventory turnover ratio in Year 1 was Multiple Choice 01mes 637 454 times 50

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