Goldfire Ltd. provided the following information in 2013-2014: 31.3.2012 S 202.400 Particulars Inventory Cost of goods sold Gross Margin 31.3.2013 31.3.2014 S 190,400 S 182,500 S 642,000 $724,000 $ 340,000 S 410,000 Calculate the inventory turnover ratio for 2013 and 2014. Round off your answer to 2 decimal places. a. Inventory turnover ratio for 2013 is 2.88 and for 2014 is 2.46 b. Inventory turnover ratio for 2013 is 3.26 and for 2014 is 3.88 c. Inventory turnover ratio for 2013 is 2.26 and for 2014 is 3.38 d. Inventory turnover ratio for 2013 is 2.36 and for 2014 is 3.88