Anderson Farms Company provided the following for 2018: $1,100,000 Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory 340,000 630,000 Calculate the company's inventory turnover ratio for the year. (Round your answer to two decimal places.) OA. 1.75 times per year OB. 3.24 times per year OC. 2.27 times per year OD. 1.13 times per year