Refer to the Following Selected Financial Information from Phantom Corp

Multiple Choice

Refer to the following selected financial information from Phantom Corp. Compute the company's inventory turnover for Year 2. $\begin{array}{lll}& \text { Year 2 } & \text { Year 1 } \\\text { Merchandise inventory } & 271,000 & 253,500 \\\text { Cost of goods sold }& 486,400 & 433,100\end{array}$

A) 1.79.
B) 1.71.
C) 1.85.
D) 0.93.
E) 1.75.