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The Last Great American Dynasty presents the following data for 2010. Net Sales, 2020 Net Sales, 2019 Cost of Goods Sold, 2020 Cost of Goods

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The Last Great American Dynasty presents the following data for 2010. Net Sales, 2020 Net Sales, 2019 Cost of Goods Sold, 2020 Cost of Goods Sold, 2019 Inventory, beginning of 2020 Inventory, end of 2020 P 3,007,124 930,247 2,000,326 1,000,120 341,169 376,526 The merchandise inventory turnover for 2020 is

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