Exercise 14-4A (Algo) Inventory turnover LO 14-2

Selected financial information for Adams Company for Year 4 follows:

Sales	$	1,950,000
Cost of goods sold		1,365,000
Merchandise inventory
Beginning of year		151,000
End of year		199,000

Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? (Round your answer to 2 decimal places.)