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The following information is available for Bramble Corp.: 2017 2016 Accounts receivable $ 367000 $ 351000 Inventory 290000 338000 3151000 2613000 Net credit sales Cost
The following information is available for Bramble Corp.: 2017 2016 Accounts receivable $ 367000 $ 351000 Inventory 290000 338000 3151000 2613000 Net credit sales Cost of goods sold 1805000 871000 Net income 311000 181000 The inventory turnover for 2017 is O 5.3 times. O 5.7 times. O 6.2 times. O 3 times
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