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The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no armortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Total current liabilities $44,900 Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $9,000$53,900$3,86412,236$16,100770,000 Income Statement (Millions of $ ) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data; Shares outstanding (millions) Common dividends (millions of \$) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 2019 $112,000104,1602,240$5,600840$4,7601,190$3,570 Refer to Exhibit 4.1. What is the firm's inventory turnover ratio? Do not round your intermediate calculations. a. 4.97 b. 4.41 c. 6.62 d. 4.63 . 5.52