The Following Information Was Taken from the Financial Statements of Sunshine

Multiple Choice

The following information was taken from the financial statements of Sunshine City: Total current assets
$ 53,000
Property, plant, and equipment
6,000
Current liabilities
21,000
Long-term liabilities
4,000
Owner's equity
34,000
Beginning inventory
31,000
Ending inventory
33,000
Cost of goods sold
152,000
Net income
42,000
​
The inventory turnover (rounded to one decimal place) for Sunshine City is

A) 2.2 times.
B) 3.0 times.
C) 4.8 times.
D) 5.0 times.