Question 5 Homework Answered Deming Company bought $42,000 of inventory during 2025. The balance in the inventory account went from $2,000 at the beginning of the year to $3,500 at the end of the year. The balance in Deming's accounts payable was $4,000 at both the beginning and end of the year. What was Deming's approximate inventory turnover ratio during 2025? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 12.0 b 11.6 C 14.7 d 15.3 Your answer