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The income statement for Mavis Inc. showed $480,000 in cost of goods sold for 2017. the balance sheet for Mavis, Inc. showed Inventory for 2017:

The income statement for Mavis Inc. showed $480,000 in cost of goods sold for 2017. the balance sheet for Mavis, Inc. showed Inventory for 2017: 46,000 and for the 2016: 52,000. How many times did Mavis Inc. sell its entire inventory during 2017?

A. 10.4 times

B. 9.2 times

C. 9.8 times

D. cannot be determined

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