Your firm has sales of $628,000 and cost of goods sold of $402,000. At the beginning of the year, your inventory was $31

[answerhappygod]

Your firm has sales of $628,000 and cost of goods sold of$402,000. At the beginning of the year, your inventory was $31,000.At the end of the year, the inventory balance was $33,000. What isthe inventory turnover rate?
Question 12 options:
a)
11.23 times
b)
12.56 times
c)
18.60 times
d)
19.63 times
e)
29.06 times