1- The grocery industry has an annual inventory turnover of about 13 times. Organic Grocers, Inc., had a cost of goods sold last year of $11,450,000; its average inventory was $1,003,750 What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?

a) What was Organic Grocers' inventory turnover?______ times per year (round your response to two decimal places).

b) How does Organic Grocers' performance compare with that of the industry? It is _________ the industry options : worse than / better than/ the same as