The Following Information Was Available for Camara Company at December

question 4

Multiple Choice

The following information was available for Camara Company at December 31, 2017: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $630,000; and sales $900,000. Camara's inventory turnover in 2017 was

• A)9.0 times.
• B)7.9 times.
• C)6.3 times.
• D)5.3 times.

---

Definitions:

Ineffective

Lacking the ability or success in producing a desired or intended result.

Loner

An individual who prefers solitude and does not seek out social interactions frequently.

Displace

To move or transfer someone or something from one place to another, often referring to the emotional process of redirecting feelings from the original source towards a substitute target.

Boundaries

Limits that individuals set in order to create reasonable, safe, and permissible ways for other people to behave towards them.