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Corona Company's balance sheet accounts follow: At December 31 2014 2013 2012 Assets Cash $51,080 $56,387 $56,418 Accounts receivable, net 103,246 79,219 66,388 Merchandise inventory

Corona Company's balance sheet accounts follow:

At December 31 2014 2013 2012
Assets
Cash $51,080 $56,387 $56,418
Accounts receivable, net 103,246 79,219 66,388
Merchandise inventory 120,332 98,715 71,331
Prepaid expenses 33,542 33,323 28,665
Plant assets, net 267,066 244,156 224,778
Total assets

$575,266

$511,800

$447,580

Liabilities and Equity
Accounts payable $146,482 $105,559 $80,097
Long-term notes payable secured by mortgages on plant assets 124,215 126,243 108,277
Common stock, $10 par value 174,500 174,500 174,500
Retained earnings 130,069 105,498 84,706
Total liabilities and equity

$575,266

$511,800

$447,580

What is Corona Company's inventory turnover ratio for 2014, assuming net sales and gross profit for the period were $1,533,627, $1,050,887 respectively?

10.65
4.89
5.85
5.17
4.41

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