Question: 4 points Selected information from Tech Company's December 31, 2021 and 2020 financial statements is presented below. 1 2021 2020 Accounts receivable $40,000 $36,000 Inventory

4 points Selected information from Tech Company's December 31, 2021 and 2020 financial statements is presented below. 1 2021 2020 Accounts receivable $40,000 $36,000 Inventory 28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total stockholders' equity 240,000 225,000 Net Income 32,500 28,000 What is the company's inventory turnover ratio for 2021? (Round your answer to two decimal places) Multiple Choice 01:29:06 3.96 times 4.07 times 602 timer

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