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Excerpts from TPX Company's December 31, 2013 and 2012, financial statements are presented below: 2013 2012 Accounts receivable $82,000 $80,000 Inventory 87,000 76,000 Net sales

Excerpts from TPX Company's December 31, 2013 and 2012, financial statements are presented below:

2013 2012
Accounts receivable $82,000 $80,000
Inventory 87,000 76,000
Net sales 430,000 383,000
Cost of goods sold 262,000 219,000
Total assets 825,000 775,000
Total stockholders' equity 510,000 445,000
Net income 79,000 52,000

TPX Company's 2013 inventory turnover is (Round your answer to 1 decimal place):

4.9 times

5.3 times

3.0 times

3.2 times

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