Ho Corporation reported sales, cost of sales, and inventory figures for 2012 and 2013 as follows (all dollars in thousands):

Sales		Cost of Goods Sold				Inventory
2012	$	100		$	85		$	27
2013		110			90			35

1.	What is the amount of inventory turnover for each year? (Round your answer to 2 decimal places.)

	Inventory turnover
2012
2013

2.	In which year did Ho Corporation manage its inventory most efficiently? (Use 365 days a year. Round your intermediate calculations to 2 decimal places.)

	2012
	2013