Selected financial Information for Munoz Company for 2019 follows: $2,350,000 1,645,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of year 159,000 193,000 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during 2019? (Round your answer to 2 decimal places.) Merchandise inventory turnover 9.34 times