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The year-end financial statements of City Health Corporation reported the following information (in millions): Year 2 Year 1 Net sales $168,650 $145,626 Cost of sales

The year-end financial statements of City Health Corporation reported the following information (in millions):

Year 2

Year 1

Net sales

$168,650

$145,626

Cost of sales

141,236

120,424

Inventories, net

14,760

14,001

The inventory turnover ratio for Year 2 is:

Group of answer choices are:

9.57

9.82

11.73

None of these are correct.

9.1

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