Question: Based on the following data for the current year, what is the inventory turnover? Sales on account during year $562,442 Cost of goods sold during

Based on the following data for the current year, what is the inventory turnover?

Sales on account during year $562,442
Cost of goods sold during year 164,529
Accounts receivable, beginning of year 48,631
Accounts receivable, end of year 45,046
Inventory, beginning of year 36,853
Inventory, end of year 40,988

Do not round interim calculations. Round your final answer to one decimal place.

a.4.2

b.25.3

c.1.1

d.3.4

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