Excerpts from Andre Company's December 31, 2024 and 2023, financial statements are presented below: 2024 2023 Accounts receivable $47,000 $46,000 Inventory 22,000 37,000 Net sales 199,000 199,000 Cost of goods sold 118,000 113,000 Total assets 433,000 418,000 Total stockholders' equity 248,000 231,000 Net income 36,000 33,000 What is the inventory turnover ratio for 2024? (Round your answer to two decimal places.) Multiple Choice 9.05 times 5.36 times 6.75 times 4.00 times