Fairchild Garden Supply Expects $590 Million of Sales This Year,and

Fairchild Garden Supply expects $590 million of sales this year,and it forecasts a 15% increase for next year.The CFO uses this equation to forecast inventory requirements at different levels of sales: Inventories = $30.2 + 0.25(Sales) .All dollars are in millions.What is the projected inventory turnover ratio for the coming year?

A) 3.84 times
B) 3.23 times
C) 3.63 times
D) 3.60 times
E) 3.40 times