Fact Pattern:

Selected data pertaining to Castile Co$.$ for the current calendar year is as follows:

Net cash sales

$ $3,000$

Cost of goods sold

$18,000$

Inventory at beginning of year

$6,000$

Purchases

$24,000$

Accounts receivable at beginning of year

$20,000$

Accounts receivable at end of year

$22,000$

What was the inventory turnover for the current year?

$1\mathrm{.}2$ times.

$1\mathrm{.}5$ times.

$2\mathrm{.}0$ times.

$3\mathrm{.}0$ times.