Question: SOS Question 20 Annual data for ABC Corporation appear below, in millions of US dollars: Sales Revenue Cost of Goods Sold Operating Income Ending Inventory
SOS
Question 20 Annual data for ABC Corporation appear below, in millions of US dollars: Sales Revenue Cost of Goods Sold Operating Income Ending Inventory Ending Accounts Payable 2016 2017 2018 2019 126.1 131.3 144.5 150,4 45.3 50.8 54.6 55.3 18.8 21.1 20.9 23.3 9.6 10.2 10.4 9.6 10.2 8.8 9.5 10.2 Calculate ABC's inventory turnover ratio for 2018. Round your answer to 1 decimal place (xx.x)
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