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Weasleys' Wizard Wheezes reported the following in its 2021 financial statements: 2021 $426,000 Sales Cost of goods sold: Inventory, January 1 Net purchases Goods available
Weasleys' Wizard Wheezes reported the following in its 2021 financial statements: 2021 $426,000 Sales Cost of goods sold: Inventory, January 1 Net purchases Goods available for sale Inventory, December 31 Cost of goods sold Gross profit 68,000 335,000 403,000 93,000 310,000 $116,000 What is Weasleys' Wizard Wheezes' inventory turnover ratio for 2021? (Round your ans
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