Comparative balance sheets and an income statement

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Reference no: EM13965188

Given below are comparative balance sheets and an income statement for Namekagon Corporation.
All sales were made on account. Cash dividends declared during the year totaled $11,492.

Eleva Corporation's inventory turnover for 2011 is closest to:

	A.	6.67 times
	B.	3.99 times
	C.	4.15 times
	D.	94 days

Reference no: EM13965188

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