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The Following Information Pertains to Barkley Company The Inventory Turnover Ratio for the Year Was
A)10

Question 66

Multiple Choice

The following information pertains to Barkley Company.:  Merchandise purchased $1,800,000 Cost of goods sold $2,000,000 Inventory at the end of the year $400,000\begin{array}{lr}\text { Merchandise purchased } & \$ 1,800,000 \\\text { Cost of goods sold } & \$ 2,000,000 \\\text { Inventory at the end of the year } & \$ 400,000\end{array} The inventory turnover ratio for the year was


A) 10.
B) 5.
C) 4.
D) 3.6.

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