During its most recent financial period, the business recorded the following figures: sales revenue $1\,020\,000 purchases $700\,000 carriage inwards $80\,000 carriage outwards $180\,000 opening inventory $170\,000 closing inventory $210\,000 Calculate the inventory turnover rate (times) for the period.
- A3.47
- B3.89
- C4.84
- D5.37