Question: You recently learned that the average inventory turnover for restaurants that compete with Taco Joe s is 6 6 . 5 . Use the information

You recently learned that the average inventory turnover for restaurants that compete with Taco Joes is 66.5. Use the information below to calculate Taco Joes inventory turnover for the current year. How does Taco Joes ratio compare to that of its competitors?
(in thousands)Current YearPrior YearNet Sales$ 79,295$ 64,190Cost of Goods Sold19,29515,805Average Inventory305290
Note: Round your answer to 1 decimal places.

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