Question: Based on the following data for the current year, what is the inventory turnover? Sales on account during year $418,226 167,527 Cost of goods sold

Based on the following data for the current year, what is the inventory turnover? Sales on account during year $418,226 167,527 Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year 46,459 50,958 Inventory, beginning of year 36,706 Inventory, end of year 38,815 Do not round interim calculations. Round your final answer to one decimal place. a. 2.5 b. 33 c. 4.4 d

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