Net Devices Inc. The following balance sheets and income statements are for Net Devices Inc., a manufacturer of small electronic devices, including calculators, personal digital assistants and mp3 players. For purposes of these questions assume that the company has an effective tax rate of 35%. BALANCE SHEETS

ASSETS ($ in thousands)
Fiscal year end	2011	2010	2009
Cash	$875,650	$571,250	$154,230
Marketable securities	6,560	0	0
Receivables	771,580	775,250	902,000
Inventories	1,320,150	1,254,600	1,418,500
Other current assets	249,000	231,200	229,900
Total current assets	3,222,940	2,832,300	2,704,630
Property, plant & equipment	1,118,750	1,100,300	1,122,400
Intangibles	263,050	241,000	215,600
Deposits & other assets	184,500	168,250	168,900
Total assets	$4,789,240	$4,341,850	$4,211,530

LIABILITIES ($ in thousands)
Fiscal year end	2011	2010	2009
Accounts payable	$1,178,540	$1,061,100	$1,138,250
Current long term debt	18,100	316,500	150,900
Accrued expenses	664,100	615,900	585,400
Income taxes payable	138,900	108,400	38,200
Other current liabilities	0	0	0
Total current liabilities	1,999,640	2,101,900	1,912,750
Long term debt	478,250	378,400	599,630
Other long term liabilities	13,350	0	0
Total liabilities	2,491,240	2,480,300	2,512,380
Preferred stock	850,000	850,000	550,000
Common stock net	4,000	3,950	3,800
Additional Paid-in Capital	869,000	758,000	689,500
Retained earnings	1,430,500	1,055,000	1,245,050
Treasury stock	(855,500)	(805,400)	(789,200)
Shareholders' equity	2,298,000	1,861,550	1,699,150
Total Liab. & Equity	$4,789,240	$4,341,850	$4,211,530

INCOME STATEMENTS ($ in thousands)
Fiscal year end	2011	2010
Net sales	$11,455,500	$11,082,100
Cost of Goods Sold	(8,026,450)	(7,940,065)
Gross profit	3,429,050	3,142,035
Selling, general & admin. Exp.	(1,836,400)	(1,789,200)
Income before deprec. & amort.	1,592,650	1,352,835
Depreciation & amortization	(785,250)	(757,250)
Interest expense	(46,195)	(43,340)
Income before tax	761,205	552,245
Provision for income taxes	(157,725)	(112,290)
Minority interest	--	--
Net income	$603,480	$439,955
Outstanding shares (in thousands)	308,515	303,095
Preferred Dividends (in thousands)	$85,000	$85,000

Refer to the information for Net Devices Inc. What is the inventory turnover for Net Devices for 2011?

a. 10.32

b. 6.23

c. 8.90

d. 2.51