[单选题]
A company has made a gross profit of USD600,000 for the year ended 31 December 2011, whichrepresented a mark-up of 50%. Opening inventory was USD120,000 and closing inventory was USD180,000.What was the rate of average inventory turnover?
A .4 times
B .6.7 times
C .7.3 times
D .8 times
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