Question: Based on the following data for the current year, what is the inventory turnover? Do not round interim calculations. Round your final answer to one

Based on the following data for the current year, what is the inventory turnover? Do not round interim calculations. Round your final answer to one decimal place. Sales on account during year Cost of goods sold during year $580,162 160,885 Accounts receivable, beginning of year 49,020 Accounts receivable, end of year 48,201 Inventory, beginning of year Inventory end of year 31,182 40,923 On 45 Ob. 22) Op. 14 Od. 11

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