The following balance sheet information is provided for Gaynor Company: 
Assuming Year 2 cost of goods sold is $153,300, what is the company's inventory turnover?
Definitions:
Fossil Evidence
Physical remnants of organisms from the past, preserved in geological formations, that provide information about the history of life on Earth.
Crystal Jellyfish
A species of jellyfish known for its transparent appearance and bioluminescent properties, often used in biological research.
Darwin's Theory
A scientific theory proposed by Charles Darwin that species evolve over time through a process of natural selection.
Evolution
The process through which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.
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