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ACCT225-Spring 18 Section 3M My Subscriptions/ Courses ACCT225-Spring 18 Section 3M / Chapter 6 Chapter 6 LO 3-5 Pr CLICK HERE TO REVIEW LEARNING OBJECTIVES

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ACCT225-Spring 18 Section 3M My Subscriptions/ Courses ACCT225-Spring 18 Section 3M / Chapter 6 Chapter 6 LO 3-5 Pr CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 2 Not complete Marked out of 4.00 P Flag question Inventory Turnover and Days' Sales in Inventory W. Glass & Company reported the following information in its recent annual report: 2015 2016 Cost of goods sold $4,000,000 $4,600,000 Beginning inventory 900,000 860,000 Ending inventory600 640.000 Calculate the company's inventory turnover and days sales in inventory for both years. Round answers to two decimal places. Use rounded answers for subsequent calculations. 2015 2016 inventory turnover Days' sales in inventory Check

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