This Question: 1 pt Using the information provided, what is the inventory turnover for the firm? Allied Industries, Inc. Selected Income Statement Items, 2017 Cash Sales $1,500,000 Credit Sales $7,500,000 Total Sales $9,000,000 COGS $6,000,000 Allind Induntrinn Inn OA. 60.00 times O B. 53.33 times O C. 48.00 times O D. 23 53 times Click to select your answen UST.. Type here to search UI tull 5dit251.JUU.UUU Total Sales $9,000,000 COGS $6,000,000 Allied Industries, Inc. Selected Balance Sheet Accounts 12/31/2017 12/31/2016 Change Accounts Receivable $270,000 $240,000 $30,000 Inventory $125,000 $100,000 $25,000 Accounts Payable $110,000 $90,000 $20,000 O A. 60.00 times OB. 53.33 times OC. 48.00 times O D. 23.53 times Click to select your answer Type hre to search