Use the Following Information for Davis Company to Compute Inventory

Multiple Choice

Use the following information for Davis Company to compute inventory turnover for Year 2. $$\begin{array} { | l | r | r | } \hline & \text { Y ear 2 } & \text { Y ear 1 } \\\hline \text { Cost of goods sold } & 279,500 & 291,800 \\\hline \text { Ending inventory } & 47,700 & 49,350 \\\hline\end{array}$$

A) 5.89
B) 5.86
C) 5.76
D) 11.77
E) 5.67