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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $181,000, beginning

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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $181,000, beginning inventory $110,000, cost of goods sold $353,565, and sales revenue $797,000. (a) Calculate the inventory turnover for Oakley, Inc. (Round answer to 2 decimal places, eg. 1.25.) Inventory turnover times

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