Question: Multiple Choice Question 162 The following information was available for Kingbird, Inc. at December 31, 2022: beginning inventory $70000; ending inventory $108000; cost of goods

Multiple Choice Question 162 The following information was available for Kingbird, Inc. at December 31, 2022: beginning inventory $70000; ending inventory $108000; cost of goods sold $644000; and sales $888000. Kingbird inventory turnover ratio in 2022 was O 9.2 times. O 10.0 times. O 6.0 times. O 7.2 times

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