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The financial statements for Mountain Vista Farm contain the following year-end 2019 and 2020 information: Inventory 2019 2020 $820,000 $885,000 Cost of Goods Sold 3,100,000
The financial statements for Mountain Vista Farm contain the following year-end 2019 and 2020 information: Inventory 2019 2020 $820,000 $885,000 Cost of Goods Sold 3,100,000 3,270,000 What is Mountain Vista Farm inventory turnover ratio for 2020? 3.84 None of the above/listed 3.69 3.88 3.99 3.78
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