k Selected financial information for Thornton Company for Year 4 follows. Sales Cost of goods sold...

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k Selected financial information for Thornton Company for Year 4 follows. Sales Cost of goods sold Merchandise inventory Beginning of year End of year Required. $2,350,000 1,645,000 150,000 199,000 Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) ences Merchandise inventory turnover times k Selected financial information for Thornton Company for Year 4 follows. Sales Cost of goods sold Merchandise inventory Beginning of year End of year Required. $2,350,000 1,645,000 150,000 199,000 Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.) ences Merchandise inventory turnover times