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2020 ZUZI ZUZZ 2023 2024 Cost of goods sold $891,190 $973,370 $1,180,600 $1,266,600 $1,436,540 Average inventory 122,510 163,710 207,100 322,800 462,270 (a) Do a
2020 ZUZI ZUZZ 2023 2024 Cost of goods sold $891,190 $973,370 $1,180,600 $1,266,600 $1,436,540 Average inventory 122,510 163,710 207,100 322,800 462,270 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio (Round inventory turnover to 2 decimal places, e.g. 18.42 and number of days to 1 decimal place, e.g. 13.6.) Inventory Turnover 2020 7.66 Number of Days 50.2 days 2021 6.51 56.1 days 2022 6.13 59.5 days 2023 4.08 89.5 days 2024 2.93 124.5 days
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