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Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets
Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 $ 44,000 22,000 195,000 119,000 432,000 247,000 37,500 2020 $ 40,000 41,000 198,000 110,000 417,000 227,000 32,000 Stealth Company's 2021 inventory turnover is: (Round your answer to 2 decimal places.)
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