The Following Information Is Available for Oakland Company The Inventory Turnover Ratio for 2017 Is
A)6

The following information is available for Oakland Company: $\begin{array}{lrr}&2017&2016\\\text { Accounts receivable } & \$ 360,000 & \$ 400,000 \\\text { Inventory } & 340,000 & 400,000 \\\text { Net credit sales } & 2,470,000 & 1,400,000 \\\text { Cost of goods sold } & 1,850,000 & 1,060,000 \\\text { Net income } & 300,000 & 170,000\end{array}$ The inventory turnover ratio for 2017 is

A) 6.7 times.
B) 5.0 times.
C) 5.4 times.
D) 4.6 times.