ABC co. has the following data for the month ended January 31, 2021. ABC uses periodic inventory system and use LIFO method assumption: Date Units Unit cost or selling price 1/1 Beginning Inventory 80 $25 1/8 Purchase 120 28 1/12 Sale 100 40 1/18 Purchase 100 27 1/20 Sale 50 45 1/24 Purchase 150 30 1/29 Sale 110 45 What is inventory turnover ratio? (Round the number to two decimal places)