Refer to the Following Selected Financial Information from McCormik,LLC A)472
B)4

question 117

Multiple Choice

Refer to the following selected financial information from McCormik,LLC.Compute the company's inventory turnover for Year 2. $$\begin{array} { l r r } & { \text { Year 2 } } & \text { Year 1 } \\\text { Cash } & \$37,500 & \$ 36,850 \\\text { Short-term irvestrnents }& 90,000 & 90,000 \\\text { Accounts receivable, net } & 85,500 & 86,250 \\\text { Merchardise irventory } & 121,00 0 & 117,000 \\\text { Prepaid experses } & 12,100 & 13,500 \\\text { Plart assets } & 388,000 & 392,000 \\\text { Accounts payable } & 113,40 0 & 111,750 \\\text { Net sales } & 711,000 & 706,000 \\\text { Cost of goods sold }& 390,000 & 385,500\end{array}$$

• A)4.72.
• B)4.33.
• C)3.28.
• D)5.78.
• E)3.86.

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Definitions:

Eyelids Lifted

The action of raising the upper eyelids, usually to widen the eyes, associated with increased alertness or surprise.

Mouth Corners

The outer points of the mouth where the upper and lower lips meet.

Brows Level

Refers to the position or expression of the eyebrows, often used in context of facial expressions or beauty standards.

Cognitive Appraisals

The mental process of interpreting and making sense of a situation or event, especially in relation to one's well-being.