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  3. during the year, hostel company had net sales of $

During the year, Hostel Company had net sales of $4,300,000 and cost of goods sold...

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Accounting

During the year, Hostel Company had net sales of $4,300,000 and cost of goods sold of $2,800,000. Beginning inventory was $230,000 and ending inventory was $390,000. Which of the following would be Hostel's inventory turnover for the year? 4.84 times 7.18 times 9.03 times 13.87 times

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