At the Start of the Year, Bottom Dollar Discounters Had

Multiple Choice

At the start of the year, Bottom Dollar Discounters had inventory worth $197,400 at retail. On December 31, the retail value of the inventory was $318,100. If annual sales amounted to $1,907,350 find the inventory turnover at retail for the year. (Round your answer to the nearest tenth)

A) 9.7
B) 7.4
C) 6.0
D) 3.7