Question 1 Suppose at December 31 of a recent year, the following information in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $165,000; beginning inventory $121,000; cost of goods sold $346,060 and sales revenue $762,000. (a) Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Inventory turnover times