Exercise 9-4A (Algo) Inventory turnover LO 9-2 Selected financial information for Jordan Company for Year 4 follows: Sales Cost of goods sold Merchandise inventory Beginning of year End of year $1,600,000 1,120,000 153,000 197,000 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.) Merchandise inventory turnover times