Answer:
4.90
Explanation:
Given:                           Year 2                   year 1
net sales:                     $652,000            $583,800
Cost of goods sold:     $389,400            $360,930
Ending inventory          $78,600              $80,280
We know, Inventory turnover= 
First, lets find out the Average inventory.
Average inventory= 
∴ Average inventory= 
Hence, Average inventory= is 79440.
Now, finding the inventory turnover for year 2.
Inventory turnover= 
∴ Inventory turnover= 4.90
Hence, Inventory turnover for year 2 is 4.90