Selected Financial Information for Martin Company for Year 2 Follows

Essay

Selected financial information for Martin Company for Year 2 follows:
$\begin{array}{lr}\text { Sales } & \$ 498,000 \\\text { Cost of goods sold } & 320,000 \\\text { Merchandise inventory } & \\\text { Beginning of year } &72,000 \\\text { End of year } & 80,000\end{array}$
Required:
How many times did Martin's merchandise inventory turnover during Year 2? (Round your answer to one decimal place.)