Goods available for sale are $23,000; beginning inventory is $15,000; ending inventory is $16,000; and cost of goods sold is $40,000. The inventory turnover is: (Round your final answer two decimal places, X.XX)
A) 2.67.
B) 2.50.
C) 2.58.
D) 1.48.
C) 2.58.
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