Excerpts from Andre Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2024 $40,000 28,000 202B $36,000 35,000 190,000 186,000 114,000 108,000 425,000 405,000 240,000 32,500 225,000 28,000 What is the inventory turnover ratio for 2024? (Round your answer to two decimal places.) Multiple Choice 6:03 times 3.96 times 3.62 times 4.07 times