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7 of 7 < > View Policies -/2 E Current Attempt in Progress Sunland Company had sales of $2,450,000, cost of goods sold of $1,181,500,
7 of 7 < > View Policies -/2 E Current Attempt in Progress Sunland Company had sales of $2,450,000, cost of goods sold of $1,181,500, and profit of $508,000 in 2021. The company had a January 1, 2021, inventory balance of $133,000 and a December 31, 2021, inventory balance of $145,000. Calculate the inventory turnover and days sales in inventory ratios for 2021. (Round answers to 1 decimal place, eg. 52.7. Use 365 days for calculation.) Inventory turnover Days sales in inventory times days
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