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What tinker inventory turnover closest to

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Problem 1: Tinker's cost of goods sold in the year of sale (2016) was $950,000 and 2015 cost of goods sold was $970,000. The inventory at the end of 2016 was $208,000 and at the end of 2015 the inventory was $228,000. Tinker's inventory turnover during 2016 was closest to:

Option 1: 4.57

Option 2: 4.36

Option 3: 4.45

Option 4: 4.25

Reference no: EM132840786

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