The company's inventory turnover for Year 2 is closest to:

A) 3.89
B) 1.04
C) 3.97
D) 4.05

Inventory Turnover

A proportion illustrating the rate at which a firm's inventory cycles through sales and replacement in a given period, reflecting on the proficiency of inventory control.

Year 2

Often used to signify the second year of a particular time frame, such as a business plan, investment period, or educational program.