The Following Information Is Available for Patterson Company The Inventory Turnover for 2014 Is
A) 5

question 22

Multiple Choice

The following information is available for Patterson Company: $\begin{array}{lrr}&2014&2013\\\text { Accounts receivable } & \$ 360,000 & \$ 340,000 \\\text { Inventory } & 280,000 & 320,000 \\\text { Net credit sales } & 3,000,000 & 2,600,000 \\\text { Cost of goods sold } & 1,500,000 & 840,000 \\\text { Net income } & 300,000 & 170,000\end{array}$ The inventory turnover for 2014 is

• A) 5.4 times.
• B) 5.0 times.
• C) 2.5 times.
• D) 3.0 times.

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Definitions:

Physical Mobility

The ability to move the body freely and with ease, including walking, standing, and transferring from one position to another.

Respiratory System

The bodily system comprising organs and structures used for the process of respiration in an organism.

Auscultate

The process of listening to the internal sounds of the body, typically using a stethoscope, as part of a medical examination.

Lung Region

Specific areas within the lungs, each with different anatomical features and functions, important in diagnosing and treating lung conditions.