Question 14 (2 points) <br/>Alpha Company has the following account

balances information for fiscal year 2015 &amp; 2016 (all balances are normal):
Alpha Company
December 31
Accounts
2016
2015
Merchandise Inventory
$1,200,000
$800,000
Office Supplies
25,000
20,000
Sales
3,000,000
2,500,000
Cost of Goods Sold
2,500,000
1,600,000
Freight Out
15,000
10,000
What is the FY 2016 inventory turnover ratio? Enter the answer as a number rounded to one decimal place followed by a space and the word times. (Example 1.123 would be entered 1.1 times)