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Dockstavarvet is a Swedish shipyard specializing in aluminum vessels, such as pilot boats, patrol crafts, and lifeboats. It reported: Total inventories ( net of allowance

Dockstavarvet is a Swedish shipyard specializing in aluminum vessels, such as pilot boats, patrol crafts, and lifeboats. It reported:
Total inventories (net of allowance) at year-end 2008 and 2007, respectively, as reported on Balance Sheet: SEK 55,045 million and SEK 43,645 million.
Cost of sales for 2008, as reported on Income Statement: SEK 237,578
Allowance for inventory obsolescence at year end 2008 and 2007, respectively, as disclosed in the footnote: SEK 2,452 million and SEK 1,854 million
Assuming all past inventory write-downs were reversed in 2008, inventory turnover (rounding to 2 decimal places)
Select one:
a.=4.81
b.>4.81
C.4.81
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