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The following data were taken from the income statements of Mydorf Company. 2020 2019 Sales revenue $6,310,000 $6,120,000 Beginning inventory 970,000 910,000 Purchases 4,391,500 4,666,000

The following data were taken from the income statements of Mydorf Company.

2020

2019

Sales revenue $6,310,000 $6,120,000
Beginning inventory 970,000 910,000
Purchases 4,391,500 4,666,000
Ending inventory 1,040,000 970,000

(a1)

Compute for each year the inventory turnover. (Round answers to 1 decimal place, e.g. 1.6.)

2020

2019

Inventory turnover

times

times

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