$0$t$23\mathrm{.}35$

$\backslash$table$[[$Balance Sheet, December $31,],[,20002,28001],[$Cash$,$$ $340,000,$$ $100,000],[$Accounts Receivable,$ $350,000,$$ $400,000],[$Inventory$,$$ $250,000,$$ $300,600],[$Total Current Assets,$ $940,000,$$ $800,000],[$Long$-$lived Assets,$1,68$e$,6$ee$,1,1$e$0,60$e$],[$Total Assets,$ $2,020,000,$$ $1,900,000],[$Current Liabilities,$ $200,000,$$ $300,000],[$Long$-$tere Debt,$600,600,500,600],[$Shareholder Equity,$1,220,600,1,100,000],[$Total Debt and Equity,$ $2,620,600,$$ $1,900,000]]$

$\backslash$table$[[$Income Statement, for year ended December $31,],[2$ex$2,2$ext$],[$Sales$,$$ $4,750,000,$$ $4,500,600],[$Cost of Sales,$4,100,000,4,600,600],[$Gross Margin,$650,000,500,600],[$Operating Expenses,$350,000,400,600],[$Operating Income,$300,600,100,600],[$Taxes$,128,0$ea$,40,600],[$Net Inccee,$ $180,000,$$ $60,000]]$

$\backslash$table$[[$Cash Flow From Operations,$202,200$X$1],[$Net Income,$ $188,000,$$ $60,600],[$Plus Depreciation Expense,$50,000,50,000],[$ Decrease $(-$increase$)$ in Accounts Receivable and Inventory,$100,000,$e$],[$ Increase $(-$decrease$)$ in Current Liabilities,$(100,000),$e$],[$Cash Flow from Operations,$ $230,000,$$ $110,000]]$

The inventory turnover ratio for $202$ is $($rounded$)$