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  3. suppose. at december 31 of a recent year, the foll

Suppose. At December 31 of a recent year, the following information ( in thousands )...

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Accounting

Suppose. At December 31 of a recent year, the following information ( in thousands ) was available for sunglasses manufacturer Oakley Inc ending inventory $181,000, beginning inventory $110,000, cost of goods sold $335,565, and sales revenue $797,000

Calculate the inventory turnover for Oakley, inc (round answer to 2 decimal places e.g. 1.25)

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