ABC Corporation provides you with the following information: Income Statement ($ million) Balance sheet 150 (75) Average over Period Cash Accounts receivable Inventory Property, P&E Depreciation Investment Accounts payable Short-term bank notes Long-term debt 75 (20) $ million 90 10 70 150 (70) 30 Sales COGS Gross profit SGA expenses Operating profit Interest expense Tax Net income 30 25 60 55 Common stock Retained earnings 115 (15) (10) Total assets 280 Total liabilities & equity 280 Inventory turnover is closest to: O 0.93 1.07. 2.14