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  3. swifty corporation had net credit sales of $13,400

Swifty Corporation had net credit sales of $13,400,000 and cost of goods sold of $9,010,000...

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Accounting

Swifty Corporation had net credit sales of $13,400,000 and cost of goods sold of $9,010,000 for the year. The average inventory for the year amounted to $901,000. The inventory turnover for the year is

A. 10.0 times. B. 14.9 times. C. 4.3 times. D. 1.5 times.

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