Large Company
Net sales	$ 40,000
Cost of sales	$ 32,500
Gross profit	$ 7,510
Selling, general, and administrative expenses	$ 6,280
Operating income	$ 1,230
Net income	$ 840
Cash and cash equivalents	$ 8,700
Net receivables	$ 350
Inventories	$ 3,330
Total current assets	$ 12,590
Property and equipment	$ 790
Other assets	$ 1,210
Total assets	$ 14,590
Accounts payable	$ 11,620
Stockholder equity	$ 1,410

What is the value of Inventory Turnover(INVT)? (Choose the closest)

0.73

1.18

2.53

9.76