Question: Can you help me solve this general accounting question using the correct accounting procedures? A company reported the following information for the fiscal year: goods

Can you help me solve this general accounting question using the correct accounting procedures?

A company reported the following information for the fiscal year: goods available for sale are $240,000; beginning inventory is $55,000: ending inventory is $65,000; and cost of goods sold is $175,000. The inventory turnover is: A. 2.92 B. 3.18 C, 2.69 D. 3.50

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