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Organic Ways Is a Large Food and Drug Retailer with More

question 72

Multiple Choice

Organic Ways is a large food and drug retailer with more than 1,700 stores in the U.S.and Canada.The following financial information relates to fiscal years, 2017 and 2018.
(  (In Millions)  20182017 Sales $34,286$38,185 Cost of goods sold 32,00034,000 Accounts receivable 577461 Merchandise inventory 2,9052,510\begin{array} { l r r } \text { (In Millions) } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 7 } \\\text { Sales } & \$ 34,286 & \$ 38,185 \\\text { Cost of goods sold } & 32,000 & 34,000 \\\text { Accounts receivable } & 577 & 461 \\\text { Merchandise inventory } & 2,905 & 2,510\end{array}
How much is the company's inventory turnover for 2018?

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