Multiple Choice
Dahn Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share.
-The company's inventory turnover for Year 2 is closest to:
A) 6.54
B) 5.67
C) 6.07
D) 0.87
Correct Answer:

Verified
Correct Answer:
Verified
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