For the year ended December 31, 20X1, Garland Industries reported Cost of Goods Sold in the amount of $360,000, compared to $450,000 in 20X0. Ending inventory at the end of those two years were $50,000 and $60,000, respectively. What was the inventory turnover for 20X1 (rounded to the nearest hundredth)?
Box 1: Select the best answer
6.55