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Consider the following financial data for Allessa Biomedical Corporation Cash and marketable securities, $63 Total fixed assets, $251 Annual sales, $1,183 Net income, $385 Inventory,

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Consider the following financial data for Allessa Biomedical Corporation Cash and marketable securities, $63 Total fixed assets, $251 Annual sales, $1,183 Net income, $385 Inventory, $160 Current liabilities, $138 Current ratio, 32 Average correction period, 25 days Average common equity, $470 Average inventory balance, $155 How many times did the firm turnover its inventory Calculate answer to 1 decimal place

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