Suppose Red's had cost of goods sold during the year of $300,000. Beginning merchandise inventory was $30,000, and ending merchandise inventory was $35,000. Determine Red's inventory tumover for the year. Round to the nearest hundredth. O A. 60.00 times per year OB. 10.00 times per year OC. B.57 times per year OD. 9.23 times per year 5