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Test Question 22 (of 25) 2. onsider the tollowing inventory data for two companles Beginning Inventory Ending Inventory Purchases Nichols Inc., $120.000 00,000 240,000 Winters

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Test Question 22 (of 25) 2. onsider the tollowing inventory data for two companles Beginning Inventory Ending Inventory Purchases Nichols Inc., $120.000 00,000 240,000 Winters Inc. $150,000 100,000 Which of these companles had the higher inventory turnover ratio? O cannot aetermine with the Information given. O Nichols O Winters. O The ratios are the same for both companies. Test Question 22 (of 25) 2. onsider the tollowing inventory data for two companles Beginning Inventory Ending Inventory Purchases Nichols Inc., $120.000 00,000 240,000 Winters Inc. $150,000 100,000 Which of these companles had the higher inventory turnover ratio? O cannot aetermine with the Information given. O Nichols O Winters. O The ratios are the same for both companies

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