with solution please

Question 50 2 pts Alpha reported the following in its 2021 financial statements: _2021 Sales P420,000 Cost of goods sold: Inventory, January 1 82,000 Net purchases 340,000 Goods available for sale 422,000 Inventory, December 31 86,000 Cost of goods sold 336.000 Gross profit P_84.000 Alpha's 2021 inventory turnover ratio is: ouquizzes/153041/take LOSC OF BOOUS SOIU: Inventory, January 1 82.000 Net purchases 340,000 Goods available for sale 422,000 Inventory, December 31 86,000 Cost of goods sold 336.000 Gross profit P 84.000 Alpha's 2021 inventory turnover ratio is: O 5.00 O 3.91 4.00 4.88