A company reports Cost of Goods Sold of $340,000?, Ending Inventory of $105,000?, Beginning Inventory of $35,000?,

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Question:

A company reports Cost of Goods Sold of $340,000?, Ending Inventory of $105,000?, Beginning Inventory of $35,000?, Ending Accounts Payable of $135,000 and Beginning Accounts Payable of $50,000. What is the accounts payable? turnover? (Round your final answer to two decimal? places.)

A. 3.68.

B. 2.52.

C. 3.04.

D. 4.43.