A supplier of home insulation materials, reported the following financial data at the fiscal year's end:

Sales = $45,894,677

Cost of Goods Sold = $28,018,476

Average Inventory = $2,540,123

What was the inventory turns for this home insulation supplier for this fiscal year?

(Choose the answer closest to the correct answer.)

Select one:

a. 11.0

b. 0.61

c. 18.1

d. 0.09