Barnett Company Had the Following Records $\begin{array}{lll}&2017&2016\\\text { Ending inventory } & \$ 32,650 & \$ 30,490 \\\text { Cost of qoods sold } & 306,300 & 313,600\end{array}$

question 97

Multiple Choice

Barnett Company had the following records: $\begin{array}{lll}&2017&2016\\\text { Ending inventory } & \$ 32,650 & \$ 30,490 \\\text { Cost of qoods sold } & 306,300 & 313,600\end{array}$ What is Barnett's inventory turnover for 2017? (rounded)

• A)9.4 times
• B)9.7 times
• C)9.9 times
• D)10.0 times

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Definitions:

Socioemotional

Pertaining to the intersection of social interactions and emotional processes, influencing how individuals understand, manage, and express feelings within social contexts.

Interpersonal Relationships

Describes the strong, deep, or close associations between two or more people that may range from fleeting to enduring and can be based on love, solidarity, regular business interactions, or other social commitments.

Group Skills

Abilities and competencies required to effectively participate in, contribute to, and benefit from group or team interactions.

Motor Skill

The ability to perform movements and actions using the muscle systems, especially those requiring coordination and control.