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Given the balance sheet and income statement shown below, calculate Rebel Golfs 2017 inventory turnover ratio. Enter your answer as a number with 4 decimal

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Given the balance sheet and income statement shown below, calculate Rebel Golfs 2017 inventory turnover ratio. Enter your answer as a number with 4 decimal places of precision 0.1234 or 1234 ensure you include a leading number before the decimal point Balance Sheet as of December 31 2017 Income Statement 2017 2016 2017 2016 Sales Revenue Assets Liabilities and Shareholder Equity Operating costs Excluding DRA Current Asset Current Liabilities EBITDA Cash and Equivalents $ 2,783 $ 2,612 Accruals $ 179 $ 80 Depreciation and Amortization Accounts receivable 3.780 3.10 Accounts payable 2.190 1.975 Earnings before interest and taxes (EBIT) Inventory 10,970 9,840 Notes payable 1.436 1,386 Interest Total Current Assets $17,533 $ 15,560 Total Current Liabilities $ 3,807 $ 3.441 Earnings before taxes (ET) Taxes (3 Long term Debt 13.840 12,510 Net Income Total abilities 17.647 15.951 575,680 59.920 15,760 3,237 $ 12,523 2,964 9,559 - 7,632 $5.927 Long-term Assets Net Fixed Assets 29.650 Shareholder Equity Common stock Retained earnings Total Shareholder Equity $25.000 S 25,000 16,209 4,259 541,209 5 29,259 Total Assets 558.56 $ 45,210 Total abilities and Shareholder Equity $ 58,856 $45,210

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