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Question 5 Homework. Unanswered At January 1, 2025, Gerolsteiner, Inc. had $140,000 of inventory, and at December 31, 2025, the Company had $125,000 in inventory.
Question 5 Homework. Unanswered At January 1, 2025, Gerolsteiner, Inc. had $140,000 of inventory, and at December 31, 2025, the Company had $125,000 in inventory. During the year Gerolsteiner bought $880,000 in inventory. The Company had total sales of $2,200,000 during 2025. What was Gerolsteiner's approximate inventory turnover ratio? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 9.96 b 6.64 3.38 d 6.75
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