Question: Answer is 6.66 but dont know how to get there Mistook, Inc. began 2025 with inventory of $6,400 and by the end of the year,

Answer is 6.66 but dont know how to get there Answer is 6.66 but dont know how to get there Mistook, Inc.

Mistook, Inc. began 2025 with inventory of $6,400 and by the end of the year, its inventory account had dropped to $5,800. During the year, Mistook purchased $40,000 of inventory. All of the inventory was purchased on account, and at the end of 2025 , Mistook still owed its suppliers $4,500. What was Mistook's inventory turnover ratio for 2025? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 6.66 b 7.00 d 6.56

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