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A7X Corporation has ending inventory of $625,817, and cost of goods sold for the year just ended was $9,758,345 a. What is the inventory turnover?
A7X Corporation has ending inventory of $625,817, and cost of goods sold for the year just ended was $9,758,345 a. What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. How long on average did a unit of inventory sit on the shelf before it was sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Inventory turnover times b. Days' sales in inventory days Days on the shelf days C
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