company had annual cost of goods sold for calendar year 2021 of $85,000. Revenues were $200,000. The inventory balance on 12/31/2021 was 519,000. The balance on 12/31/2020 was $16,000. What is the company's inventory turnover ratio for 2021? (HINT recall that the inventory turnover ration for this set of data is 5.0)

4.86

0 5.0

0 4.5

0 10.5