The following information was available for Camara Company at December 31, 2014: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $560,000; and sales $800,000. Camara's inventory turnover in 2014 was
A) 8.0 times.
B) 6.7 times.
C) 5.6 times.
D) 4.7 times.

Question

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The Answer of The following information was available for Camara Company at December 31, 2014: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $560,000; and sales $800,000. Camara's inventory turnover in 2014 was
A) 8.0 times.
B) 6.7 times.
C) 5.6 times.
D) 4.7 times.

The Following Information Was Available for Camara Company at December