CPA Exam Adapted: Selected information (in thousands) from the statement of financial position for a corporation for the fiscal years ended December 31, Year 2, and Year 1, is presented below. Net credit sales and cost of goods sold for Year 2 were $600,000 and $440,000, respectively. December 31 Year 2 Year 1 Cash $60 $50 Marketable securities, at market 40 30 Accounts receivable, net 90 60 60 Inventories, at LCM 120 100 Prepaid items 30 40 Total current assets $340 $280 The corporation's inventory turnover ratio for Year 2 was: Select one: