Question: Answer is A but please explain and walk me thru the steps! 5) A company's net sales revenue is $25,000,000. Its cost of goods sold

Answer is A but please explain and walk me thru the

Answer is A but please explain and walk me thru the steps!

5) A company's net sales revenue is $25,000,000. Its cost of goods sold is $15,000,000. Its beginning inventory is $100,000 and its ending inventory is $200,000. Which of the following is its rate of inventory turnover? A) 100 B) 75 C) 1.67 D) 0.01

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