Question: Selected year-end data for the Brayer Company are presented below: Current liabilities $690,000 Acid-test ratio 3.4 Current ratio 3.9 Cost of goods sold $590,000 The

Selected year-end data for the Brayer Company are presented below:

Current liabilities	$690,000
Acid-test ratio	3.4
Current ratio	3.9
Cost of goods sold	$590,000

The company has no prepaid expenses and inventories remained unchanged during the year. Based on these data, the company's inventory turnover ratio for the year was: (Round your answer to 2 decimal places.)

	2.27
	1.17
	2.34
	1.71

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