Thompson TV and Appliance reported the following in its 2021 financial statements: 2021 $434,000 Sales Cost of goods sold: Inventory, January 1 Net purchases Goods available for sale Inventory, December 31 Cost of goods sold Gross profit 74,000 336,000 410,000 99,000 311,000 $123,000 Thompson's 2021 inventory turnover ratio is: (Round your answer to two decimal places.) Multiple Choice O 3.14. O 4.38. O 3.60. 5.02