At the Start of the Year, Sandy's Flowers Had Inventory

Multiple Choice

At the start of the year, Sandy's Flowers had inventory worth $587,200 at retail. On December 31, the retail value of the inventory was $137,700. If annual sales amounted to $2,899,600 find the inventory turnover at retail for the year. (Round your answer to the nearest tenth)

A) 8.0
B) 12.5
C) 4.9
D) 4.3