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A. 19.62 times B. 29.09 times c. 0.05 times Inventory and prepaid expenses account for $30,000 of the current year's current assets. Avernge imventory for

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A. 19.62 times B. 29.09 times c. 0.05 times Inventory and prepaid expenses account for $30,000 of the current year's current assets. Avernge imventory for the current year is $52,250. Average net accounts recoivable for the current year is $45,000. There are 35,000 shares of common stock outstanding. Total dividends paid during the current year were $17,000. The market price per share of common stock is $20. What is the inveniorv turnouer for the current vear? A. 19.62 times B. 29.09 times C. 0.05 times D. 1.48 times

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