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Homework answers / question archive / Annual data for ABC Corporation appear below, n millions o  Sales Revenue Cost of Goods Sold Operating Income Ending inventory Ending Accounts Payable  2016 2017 126

Annual data for ABC Corporation appear below, n millions o  Sales Revenue Cost of Goods Sold Operating Income Ending inventory Ending Accounts Payable  2016 2017 126

Accounting

Annual data for ABC Corporation appear below, n millions o 


Sales Revenue Cost of Goods Sold Operating Income Ending inventory Ending Accounts Payable 

2016 2017 126.1 131. 

45.3 18.8 9.6 10.2 
50.8 21.1 10.2 8.8 
2019 144.5 150.4 
54.6 20,9 10.8 9.5 
55.3 23.3 9.6 10.2 
Calculate ABCs inventory turnover ratio for 2019. Round your answer to 1 decimal place (xx.x). 

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