MC Qu. 26 The following balance sheet information is p... The following balance sheet information is provided for Gaynor Company: Assets 2014 2013 Cash $ 2,650 $ 1,900 Accounts receivable 15,400 13,400 Inventory $ 28,500 $ 36,000 Assuming 2014 cost of goods sold is $114,000, what is the company's inventory turnover? (Round your final answer to 2 decimal places.) 3.17 times 3.53 times 4.00 times None of these answers is correct.

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