The inventory turnover ratio: Is used to analyze collectability. Is used to measure solvency. Reveals how many times a company sells its merchandise inventory during a period. Reveals how many days a company can sell inventory if no new merchandise is purchased. Calculation depends on the company's inventory valuation method. Question 2 ( 0.8 points) Jammer Company uses a weighted average perpetual inventory system and reports the following: What is the per-unit value of ending inventory on August 31? $12.00 $13.80 $15.42 $16.00 $17.74