Question: Based on the following data for the current year, what is the inventory turnover? Sales on account during year $588,950 47,198 Cost of goods sold

Based on the following data for the current year, what is the inventory turnover? Sales on account during year $588,950 47,198 Cost of goods sold during year 161,603 Accounts receivable, beginning of year Accounts receivable, end of year 49,068 Inventory, beginning of year 39,932 Inventory, end of year 42,097 Do not round interim calculations. Round your final answer to one decimal place. Oa. 3.9 Ob. 25.4 Oc. 3.6 O d. 1

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