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Compute the Whispering inventory turnover ratio

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Reference no: EM132448725

Question - The following information was available for Whispering Winds Corp. at December 31, 2017: beginning inventory $72000; ending inventory $128000; cost of goods sold $640000; and sales $872000. Compute the Whispering inventory turnover ratio (rounded) in 2017?

a. 8.9 times.

b. 6.4 times.

c. 5.0 times.

d. 8.7 times.

Reference no: EM132448725

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