The following selected information relates to Hodge Unlimited for the past two years.

Account	Current year	Prior year
Net sales (all credit)	$220,000	$180,000
Cost of goods sold	$126,000	$110,000
Gross profit	$94,000	$70,000
Income from operations	$32,000	$30,000
Interest expense	$2,000	$7,000
Net income	$25,000	$18,000
Cash	$25,000	$17,000
Accounts receivable, net	$26,000	$35,000
Inventory	$65,000	$60,000
Prepaid expenses	$2,000	$1,000
Total current assets	$118,000	$113,000
Total long term assets	$162,750	$187,751
Total current liabilities	$60,000	$90,000
Total long term liabilities	$22,000	$78,000
Common stock, no par, 2,500 shares, market value $96 per share	$40,000	$40,000
Retained earnings	$158,750	$92,751

The inventory turnover for the current year is

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Part 1

A.

1.75 times.

B.

0.4 times.

C.

3.52 times.

D.

2.02 times