Please determine the inventory turnover for the current year. Round to one decimal such as 1.1.

Financial Statement Analysis Asset accounts - previous year Balance sheet accounts - current year Accounts payable $5,700 $2,790 $5,320 Accounts receivable 5,410 Cash 8,120 $12,410 $6,330 Accounts receivable Common stock 21,000 Cash Fixed assets 10.560 Inventory 16,790 Fixed assets Total assets Prepaid insurance 2,980 $10,890 Inventory Retained earnings 12,340 Prepaid insurance Wages payable 4.820 Cost and loan amounts for four new pieces of equipment Cost Number of shares of common stock by region Long-term liability Equipment Option A Option B Option C Option D 1,242 $20,000 $19,780 $20,280 Region 966 Coolidge 1,587 Evanston Marshall Amount $10,250 $10,000 Pentry $7,560 1,173 Wyanche $4,600 $5,200 1,932 $2,100 $2.500 Expenses for current and previous years Sales for current and previous years Year Expense item $100,000 Current Administrative expenses Cost of goods sold $93,840 Selling expenses $80,000 Amount Previous Administrative expenses $50,000 Cost of goods sold Selling expenses SO $10,000 $20.000 $30,000 $40,000 $50,000 so Amount Current year Previous year