Selected financial information for Edwards Company for 2019 follows: Sales .........................$800,000 Cost of goods sold .......500,000 Merchandise

Question:

Selected financial information for Edwards Company for 2019 follows:
Sales .........................$800,000
Cost of goods sold .......500,000
Merchandise inventory
Beginning of year .........37,500
End of year ................42,500
Required
Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during 2019?