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Suppose that the following information was available for Crane Company at December 31, 2025: beginning inventory $84000; ending inventory $124000; cost of goods sold $680000;
Suppose that the following information was available for Crane Company at December 31, 2025: beginning inventory $84000; ending inventory $124000; cost of goods sold $680000; and sales $936000. Crane's inventory turnover, rounded to one decimal place, in 2025 was O 8.1 times. 9.0 times. O 6.5 times. O 5.5 times.
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