Beginning Ending Merchandise Inventories Problem 547948

Amanda’s has a cost of goods sold of $1,900,000. The beginning and ending merchandise inventories are $133,000 and $125,000, respectively. Amanda’s merchandise inventory turnover ratio is:

A. 65.5 times.

B. 33.8 times.

C. 14.7 times.

D. 29.4 times.