Benson Company shows the following data on its 2014 financial statements:

• Accounts receivable, January 1 $720,000;
• Accounts receivable, December 31 960,000;
• Merchandise inventory, January 1 900,000;
• Merchandise inventory, December 31 1,020,000;
• Gross sales 4,800,000;
• Sales returns and allowances 180,000;
• Net credit sales 4,620,000;
• Cost of goods sold 3,360,000;
• Earnings before interest and taxes (Operating Income) 720,000;
• Interest on bonds 192,000;
• Net income 384,000.

The inventory turnover is?