Ren is underwriting a property policy for XYZ, Inc. He is particularly concerned with how much inventory is on hand and how fast it can be sold. XYZ's income statement shows sales of $500,000 and cost of goods sold (COGS) of $350,000. The balance sheet shows inventory at $200,000 and cash of $150,000. Using the inventory turnover ratio, Ren finds that XYZ can convert inventory to sales Select one: A. 0.57 times. B. 0.75 times. C. 1.75 times. D. 2.50 times