Crue Company's Merchandise Inventory and Other Related Accounts for 2014

Essay

Crue Company's merchandise inventory and other related accounts for 2014 follow:
$$\begin{array} { l r } \text { Sales } & \$ 3,937,500 \\\text { Cost of goods sold } & 2,756,250 \\\text { Merchandise inventory: } & \\\text { Beginning of year } & 750,000 \\\text { End of year } & 825,000\end{array}$$
Required:
Calculate Crue's inventory turnover during 2014 assuming that the merchandise inventory buildup was relatively constant during the year.