[The Following Information Applies to the Questions Displayed Below

question 104

Multiple Choice

[The following information applies to the questions displayed below.]
Given below are comparative balance sheets and an income statement for Claret Corporation.
All sales were made on account.Cash dividends declared during the year totaled $11,492.
-Claret Corporation's inventory turnover for 2018 is:

• A)6.64 times.
• B)3.99 times.
• C)4.23 times.
• D)94 days.

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