different each time.) D Question 1 1 pts It can be expected that companies selling perishable goods have a higher inventory turnover than companies selling nonperishable goods. O True O False D Question 2 1 pts A company's cost of goods sold was $15,500 and its average merchandise inventory was $4,500. Its inventory turnover equals 3.4. O True O False DQuestion 3 1 pts Giorgio had cost of goods sold of $9,421 O False D 1 Question 3 1 pts Giorgio had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory of $1,965 million. Its inventory turnover equals: O 76.1 days. O 0.21. O 80.9 days. O 4.51 O 4.79. D Question 4 1 pts D Question 4 1 pts Use the following information for Ephron Company to compute days' sales in inventory for Year 2. Year 1 54500 $572.000 348,500 370840 75,700 81,400 Year 2 Net sales Cost of goods sold Ending inventory O 82.3 O 52.4 O 79.3 O 76.8 O 50.5 D Question 5 1 pts A merchandiser's abliyto ayits shor term obligations depends on many factors including how quickly it sells its merchandise inventory O True O False