The Following Information Was Taken from the Records of Kane

Multiple Choice

The following information was taken from the records of Kane Company: $\begin{array}{lc}\text { Beginning inventory } & \$ 135,000 \\\text { Encling inventory } & 150,000 \\\text { Net crecdit sales } & 1,440,000 \\\text { Cost of goods sold } & 810,000 \\\text { Net income } & 112,500\end{array}$ Given this information, Kane's inventory turnover is

A) 5.68
B) 5.40
C) 10.11
D) 1.33