Question 2 (2 points) Ellis Enterprises is a world class manufacturer of automobile audio systems. Ellis Enterprises employs highly specialized production processes and as a result they have inventory throughout. They have $2,725,000 in raw material inventory, $1,152,000 in work in process inventory, and $3,225,000 in finished goods inventory on average. Ellis Enterprises sales for the most recent year was about $25 million. What is the inventory turnover for Ellis Enterprises? 09.17 turns 3.52 turns 21.70 turns 7.75 turns None of these answers