The following information was available for Carton Company at December 31, 2022: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $660,000; and sales $900,000. Reference: Ref 6-12 Carton's inventory turnover ratio in 2022 was 9.4 times. 07.3 times. 8.3 times. 6.0 times