Selected year-end data for the Brayer Company are presented below:

Current liabilities	$640,000
Acid-test ratio	2.9
Current ratio	3.4
Cost of goods sold	$540,000

The company has no prepaid expenses and inventories remained unchanged during the year. Based on these data, the company's inventory turnover ratio for the year was: (Round your answer to 2 decimal places.)

2.31

2.38

1.69

1.19