5.80

10. Selected information from the accounting records of Thorne Company is as follows: Net sales for 2008 .................................... $900,000
Cost of goods sold for 2008 ...........................	600,000
Inventory at December 31, 2007 ........................	180,000
Inventory at December 31, 2008 ........................	156,000

Thorne's inventory turnover for 2008 is

	5.36 times.
	3.85 times.

	3.67 times.
	3.57 times.