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For fiscal year 2022, Costco had $163.22B in Sales, $18.28B in Gross Profit, $144.94B in COGS, and $12.24B in Average Inventory. What was the inventory

For fiscal year 2022, Costco had $163.22B in Sales, $18.28B in Gross Profit, $144.94B in COGS, and $12.24B in Average Inventory. What was the inventory turnover for 2022 (rounded to the hundredths place)?

a) 13.33 turns

b) 1.49 turns

c) 11.84 turns

d) None of the above

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