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If given the following information: Current Assets: 2073 Current Liabilities: 1634 Cash: 1182 Sales:2998 Inventory: 316 Depreciation: 384 Net Working Capital: 934 Total Assets: 3873

If given the following information: Current Assets: 2073 Current Liabilities: 1634 Cash: 1182 Sales:2998 Inventory: 316 Depreciation: 384 Net Working Capital: 934 Total Assets: 3873 Average Daily Operating Costs: 344 Net Income: 566 Total Equity: 1028 Total Debt: 4283 EBIT: 701 Long Term Debt: 1150 Cost of Goods Sold: 1225 Price per Share: 67 Earnings per Share: 4.9 Interest: 53 Market Value: 67 Book Value per Share:8.5 Find the Inventory Turnover Ratio.

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