The grocery industry has an annual inventory turnover of about $14$ times. Organic$$ Grocers, Inc., had a cost of goods sold last year of $$$$11,820,000$; its average inventory was $$$$1,002,530.$ What was Organic$$ Grocers' inventory$$ turnover, and how does that performance compare with that of the$$ industry?

Part $2$

$$a$)$ What was Organic$$ Grocers' inventory$$ turnover? $$

$($enter your response here$)$ times per year $($round your response to two decimal$$ places$).$