How to count

Current assets Long-term debt Current ratio Inventory 5,500 2,750 450 2.5 1.500 For year ended 12/31 05 Sales Cost of goods sold $18,500 14.800 15. Gertup has maintained the same inventory levels throughout 2005. If end of year inventory turnover was increased to 12 through more efficient relationships with suppliers how much cash would be freed up (pick closest number)? A. $1,541 B. $1,233 C. $ 267 D. $ 42 CA 9-5