Universal Sports Supply began the year with an inventory balance of $82,000 and a year end balance of a000 S generate a gross profit of $190,000. Calculate the inventory turnover ratio for the year. (Round your final answer to 1 decimal place Universal Sports Supply Inventory Turnover Ratio Help Seve&t Check my work Universal Sports Supply began the year with an inventory balance of $82,000 and a year-end balance of $58.000. Sales of $570,000 generate a gross profit of $190,000. Calculate the inventory turnover ratio for the year. (Round your final answer to 1 decimal place.) Universal Sports Supply Inventory Turnover Ratio mes