Red Company and White Company Reported the Following Information in Their

Multiple Choice

Red Company and White Company reported the following information in their financial statements, prior to their merger:
The LIFO reserve for White Company is $3,560 at the end of 2016 and $3,040 at the end of 2015.
What is the 2016 adjusted inventory turnover for White Company?

A) 2.45
B) 2.70
C) 2.72
D) 2.22