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The following information was available for Novak Corp. at December 31, 2022: beginning inventory $96000; ending inventory $78000; cost of goods sold $843900; and bales

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The following information was available for Novak Corp. at December 31, 2022: beginning inventory $96000; ending inventory $78000; cost of goods sold $843900; and bales $1112000. Novak inventor turnover ratio in 2022 was O 12.8 times. O 9.7 times. O 8.8 times. O 10.8 times

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