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% 86-10 (similar to) Question Help Bedford Communications reported the following figures in its annual financial statements: (Click the icon to view the figures.) Compute
% 86-10 (similar to) Question Help Bedford Communications reported the following figures in its annual financial statements: (Click the icon to view the figures.) Compute the rate of inventory turnover and days' sales in inventory for Bedford Communications. (Round to two decimal places.) - X Select the labels and enter the amounts to compute the inventory turnover. (Enter the amount for average inventory to one decimal place, X.X. Round your answer to two decimal places, X.XX.) Cost of goods sold 1 Average merchandise inventory = Inventory turnover 18,700 $ 525 35.62 times Data Table Select the labels and enter the amounts to compute the days' sales in inventory for the year. (Round your answer to two decimal places, X.XX.) = Days' sales in inventory = days Cost of Goods Sold Beginning Merchandise Inventory Ending Merchandise Inventory $ 18,700 590 460 Print Print Done Done
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