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