The following information was available for Hoover Company at December 31, 2010: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $660,000; and sales $900,000. Hoover's inventory turnover ratio in 2010 was

Question 3 options:

1)	8.3 times.

2)	7.3 times.

3)	6.0 times.

4)	9.4 times.