Comparative balance sheets and an income statement for, Financial Accounting

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Comparative balance sheets and an income statement for

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

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Financial Accounting: Comparative balance sheets and an income statement for

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Financial Accounting: Comparative balance sheets and an income statement for

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