Prior year The following selected information relates to Candle Company for the past two years Account Current year Net sales (all credit) $238,250 Cost of goods sold $216.000 Gross profit $122.250 Income from operations $32.000 Interest expense $2,000 Net income $24,000 Cash $22.000 Accounts receivable net $26.000 Inventory $55,000 Prepaid expenses $2.000 $180,000 $110,000 $70.000 $30,000 $7,000 $18,000 $14,000 $31.000 544000 $1,000 OA 043 times OB. 2 34 times OG 3.31 times OD. 554 times Click to select your answer > Cash Accounts receivable, nel Inventory Prepaid expenses Total current assets Total long-term assets Total current liabilities Total long-term liabilities Common stock, no par 2,500 shares, market value 596 per share Retained earnings What is the inventory turnover for the current year? $22,000 $26.000 $55,000 $2.000 $105,000 $150 000 $60,000 $22,000 $14,000 $31,000 $44,000 $1,000 $90,000 $175,000 590,000 $78,000 540,000 $133,000 $40,000 $57,000 > OA. 0.43 times B. 234 times OC. 331 times OD. 554 times Click to select your