A company has $75,000 of inventory at the beginning of the year and $68,000 at the end of the year. Sales revenue is $1,135,500, cost of goods sold is $705,500, and net income is $140,700 for the year. The inventory turnover ratio is closest to:

5.5

15.9

4.7

9.9

Vesuvius Company has net sales revenue of $793,000, cost of goods sold of $349,700,net income of $193,200, and preferred dividends of $16,500 during the current year. At the beginning of the year, 477,000 shares of common stock were outstanding, and, at the end of the year, 550,000 shares of common stock were outstanding.A total of 7,500 preferred shares were outstanding throughout the year. The companys earnings per share for the current year is closest to:

$0.93.

$0.34.

$0.86.

$1.45.

A company has $74,000 in inventory at the beginning of the accounting period and $67,000 at the end of the accounting period. Sales revenue is $1,199,500, cost of goods sold is $753,500, and net income is $146,700 for the accounting period. On average, the number of days to sell inventory is approximately:

58 days.

34 days.

21 days.

175 days.