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Tin Company and Aluminum Company reported the following information in their financial statements, prior to...

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Accounting

Tin Company and Aluminum Company reported the following information in their financial statements, prior to their merger:

Tin Company

Aluminum Company

$ millions

Sales

COGS

Inventories

Sales

COGS

Inventories

2019

$42,750

$40,775

$10,005

$66,420

$56,175

$25,350

2018

41,250

29,960

12,660

69,150

42,700

26,950

To the closest hundredth, how much is the 2019 inventory turnover for Tin Company?

Select one:

A. 1.50

B. 3.38

C. 3.60

D. 2.82

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