Use the following information from a coffee shop for 1 year to calculate the inventory turnover (round to 3 decimal points, i.e. .123).

Category	Number
Beverage Revenue	$1,380,000
Food Revenue	$2,000,000
Total Revenue	3,380,000
Beverage Costs	$345,000
Food Costs	$580,000
Cost of Goods Sold	$925,000
Labor Expenses	$540,800
Gross Profit	$1,914,200
Taxes	$845,000
Net Profit	$1,069,200
Inventory on Hand	$2,000,000
Current Assets	$1,000,000
Current Liabilities	$3,000,000