6 of 7 < > View Policies -/1.5 Current Attempt in Progress Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $183,000, beginning inventory $100,000, cost of goods sold $390,540, and sales revenue $843,000. (a) A Calculate the inventory turnover for Oakley, Inc. (Round answer to 2 decimal places, e.g. 1.25.) Inventory turnover eTextbook and Media Save for Later Using multiple attempts will impact your score. 15% score reduction after attempt 2 times Attempts: 0 of 3 used Submit Answer View Policies Current Attempt in Progress Oriole Company understated its 2021 ending inventory by $31,900. Determine the impact this error has on ending inventory, cost of goods sold, and stockholders' equity in 2021 and 2022. Ending inventory Cost of goods sold Stockholders' equity 2021 2022 eTextbook and Media Attempts: 0 of 3 used Submit