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2GFU Corporation has the following financial data for the years 20XX and 20XY. Sales Cost of goods sold Inventory 2xx $5,335,600 3,680,000 485,000 20xY $5,720,000

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2GFU Corporation has the following financial data for the years 20XX and 20XY. Sales Cost of goods sold Inventory 2xx $5,335,600 3,680,000 485,000 20xY $5,720,000 4,420,000 520,00 a. Compute inventory turnover based on sales for each year (Round the final answer to 1 decimal place.) Inventory turnover ratio zexx 2exy b. Compute inventory turnover based on cost of goods sold for each year. (Round the final answers to 1 decimal place.) Inventory turnover ratio 20xx 20XY X C. This part of the question is not part of your Connect assignment

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