Based on the Following Data for the Current Year, Determine

Multiple Choice

Based on the following data for the current year, determine the inventory turnover? $\begin{array}{ll}\$ 517,500 & \text { Net sales on account during the year } \\450,000 & \text { Cost of merchandise sold during the yeat } \\50,000 & \text { Accounts receivable, be ginning of year } \\40,000 & \text { Accounts receivable, end of year } \\110,000 & \text { Inventory, be ginning of year } \\140,000 & \text { Inventory, end of year }\end{array}$

A) 7.2
B) 3.6
C) 3.2
D) 4.2