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ASSIGNMENT RESOURCES Problem 6-7A (Part Level Submission) Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation

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ASSIGNMENT RESOURCES Problem 6-7A (Part Level Submission) Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year, General Motors Corporation uses the LIFO inventory method. 06-Post Beginning invantory Ending inventory LIFO reserve Current assets Currant liabilities Cost of goods sold Sales revenue $14,559 13,755 1.521 64,916 Problem 6-SA Eerise 6.2 roblem G-7A (Pa 181,301 169,103 (a) 5.1.) Calculate the inventory turnover and days in inventory. (Round answers to 1 decimal place, e The inventory turnover Days in inventory time: days

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