The 2020 financial statements of Barclay Ltd. reported beginning inventory of $130,000, ending inventory of $140,000, and cost of goods sold of $650,000 for the year. To one decimal, Barclay's inventory turnover ratio for 2020 is
A) 2.9 times.
B) 3.4 times.
C) 4.0 times.
D) 4.8 times.

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The Answer of The 2020 financial statements of Barclay Ltd. reported beginning inventory of $130,000, ending inventory of $140,000, and cost of goods sold of $650,000 for the year. To one decimal, Barclay's inventory turnover ratio for 2020 is
A) 2.9 times.
B) 3.4 times.
C) 4.0 times.
D) 4.8 times.

The 2020 Financial Statements of Barclay Ltd