??HELP...I AM TAKING A TIMED TEST!

Based on the information in Table?

4?1,?

the inventory turnover ratio is:

Stewart Company

?Balance Sheet

Assets:
Cash and marketable securities		$600,000?
Accounts receivable		900,000?
Inventories??????????????????????????		1,500,000?
Prepaid expenses		75,000?
Total current assets		$3,075,000?
Fixed assets?????????????????????????????	8,000,000?
Less: accum. depr.	(2,075,000)
Net fixed assets		$5,925,000?
Total assets		$9,000,000?
Liabilities:
Accounts payable		$800,000?
Notes payable??????????????????????????????????	700,000?
Accrued taxes		50,000?
Total current liabilities		$1,550,000?
Long?term? debt		2,500,000?
Owner's equity (1 million shares of common stock outstanding)		4,950,000?
Total liabilities and owner's equity		$9,000,000?
Net sales (all credit)		$10,000,000?
Less: Cost of goods sold		(3,000,000)
Selling and administrative expense		(2,000,000)