Use the Following Data to Answer Questions 33-34 -To Two Decimals, Power Corp

Multiple Choice

Use the following data to answer questions 33-34.
Power Corp. reported the following data for calendar 2020: $\begin{array}{llr} \text { Total assets} &\$625,000\\ \text {Current assets } &325,000\\ \text { Total liabilities } &300,000\\ \text { Long-term liabilities} &145,000\\ \text { Inventories, Dec 31/19 } &110,000\\ \text { Inventories, Dec \( 31 / 20 \) } &100,000\\ \text { Net sales. } &1,550,000\\ \text { Gross profit} &920,000\\ \text { Net income} &205,000\end{array}$

-To two decimals, Power Corp.'s inventory turnover for 2020 is

A) 14.76.
B) 12.81.
C) 6.00.
D) 3.00.