Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $157,000; beginning inventory $115,000; cost of goods sold $337,280 and sales revenue $763,000. (a) X Your answer is incorrect. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, eg, 5.12.) Inventory turnover 1.24 times