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2GFU Corporation has the following financial data for the years 20XX and 20xY: 4. Sales Cost of goods sold Inventory 2exx $6,300,000 4,950,000 450,000 2exy

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2GFU Corporation has the following financial data for the years 20XX and 20xY: 4. Sales Cost of goods sold Inventory 2exx $6,300,000 4,950,000 450,000 2exy $7,910,000 6,497,500 565,000 10 points a. Compute inventory turnover based on sales for each year. (Round the final answer to 1 decimal place.) 04:22:53 Inventory turnover ratio 20XX 20XY eBook b. Compute inventory turnover based on cost of goods sold for each year. (Round the final answers to 1 decimal place Print Inventory turnover ratio References 20XX 20XY X X

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