Below Are Recent Inventory Turnover Ratios for Four Companies

Multiple Choice

Below are recent inventory turnover ratios for four companies.The companies,listed in no particular order are Tiffany & Co.(a manufacturer and retailer of fine jewelry) ,Deere & Co.(maker of heavy duty agricultural equipment) ,Boeing (aircraft manufacturer) ,and Sprouts (a grocery chain focusing on organic products) .Think about which of these companies operate in businesses that tend to have very slow or very fast inventory turnover.Which one below is the inventory turnover ratio for Sprouts?

A) 1.7
B) 14.4
C) 0.7
D) 5.7