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

Current liabilities	$560,000
Acid-test ratio	3.3
Current ratio	3.8
Cost of goods sold	$460,000

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.)

	1.64
	2.37
	1.22
	2.44