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ACCOUNTING HELP! ACCOUNTING PROBLEM SOLVE The following data were taken from the income statements of Cullumber Company 2017 2016 Sales revenue Beginning inventory Purchases Ending

ACCOUNTING HELP!

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ACCOUNTING PROBLEM SOLVE The following data were taken from the income statements of Cullumber Company 2017 2016 Sales revenue Beginning inventory Purchases Ending inventory $6,434,000 942,400 4,836,000 1,174,000 $6,271,000 840,500 4,691,000 942,400 Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g 12.5.) 2017 2016 Inventory turnover times times Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124. Use 365 days for calculation.) 2017 2016 Days in inventory days days

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