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

Current liabilities	$470,000
Acid-test ratio	2.4
Current ratio	2.9
Cost of goods sold	$370,000

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.)

	1.57
	1.27
	2.54
	2.47