Question: answer question #3 Question 3 (10 points) Name: In year 2014, your company had COGS of $15,000 and an average inventory of $9,000. From these

answer question #3
answer question #3 Question 3 (10 points) Name:
Question 3 (10 points) Name: In year 2014, your company had COGS of $15,000 and an average inventory of $9,000. From these figures, compute how quickly your company turned the investment on goods and services into cash receipts in 2014 (inventory turns per year)

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