Question: please answer the question What is the inventory turnover ratio if, Opening stock is $ 205000, Closing stock is $115000, Sales is s 1600000 and

please answer the question please answer the question What is the inventory turnover ratio if, Opening

What is the inventory turnover ratio if, Opening stock is $ 205000, Closing stock is $115000, Sales is s 1600000 and Gross profit ratio is 30% on sales. Select one: o a. 8 times b. 15 times c. 22 times d. 7 Times e, none of the above Check

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