=+Hewlett-Packard Dell Inc. Company Sales $57,420 $73,557 Cost of goods sold 47,904 69,427 Inventory, beginning of period

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=+Hewlett-Packard Dell Inc. Company Sales $57,420 $73,557 Cost of goods sold 47,904 69,427 Inventory, beginning of period 588 6,877 Inventory, end of period 660 7,750

a. Determine for both companies (1) the inventory turnover and (2) the number of days’ sales in inventory. Round to one decimal place.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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