Time LLU.JUUJI V pony The following information was available for Camara Company at December 31, 2010: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $700,000; and sales $1,000,000. Camara's inventory turnover ratio in 2010 was 1) 5.8 times. 2) 10.0 times 3) 7.0 times 4) 8.6 times. Question 18 (5 points) Olympus Climbers Company has the following inventory data: July Beginning 20 units at $ 320 inventory $16 Purchases 70 units at 1.190 $17 Purchases 10 units at 190 $19 $1,700 A physical count of merchandise inventory on July 30 reveals that there are 30 units on hand. Using the FIFO cost method, the amount allocated to cost of goods sold is 1) $1,170. O2) $530 3) $1,190 4) $1,210. 9999999999999900