Using the information provided, what is the inventory turnover for the firm (rounded to 2 decimal places)? Precise Electronics Selected Income Statement Items, 2018 Cash Sales $1,500,000 Credit Sales $7,500,000 Total Sales $9,000,000 COGS $6,000,000 Precise Electronics Selected Balance Sheet Accounts 12/31/2018 Accounts Receivable $255,000 Inventory $112,500 Accounts Payable $100,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers