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-12 TI The following data were taken from the income statements of Ivanhoe Company. 2020 2019 Sales revenue $6.399,000 $6,216,000 Beginning inventory 998,000 836,000 Purchases

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-12 TI The following data were taken from the income statements of Ivanhoe Company. 2020 2019 Sales revenue $6.399,000 $6,216,000 Beginning inventory 998,000 836,000 Purchases 4,544,600 4,838,700 Ending inventory 984,000 998,000 Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 12.5.) 2020 2019 Inventory turnover times times e Textbook and Media Compute the inventory turnover for each year. (Round answers to 1 decimal place, eg. 12.5.) 2020 2019 Inventory turnover times times e Textbook and Media Compute days in inventory for each year. (Round answers to 0 decimal places, e. 3. 124. Use 365 days for calculation) 2020 2019 Days in inventory days days

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