Banmeel Singh: Attempt 1 The following information is available for Nortel Corporation (in millions): 2017 2016 Inventory $ 2,010 $ 1,940 $ 1.800 Cost of goods sold 10.200 9,400 9,000 Calculate the inventory turnover and days in inventory ratios for 2018 and 2017. ROUND INVENTORY TURNOVER TO DECIMAL PLACE, E.G., 45.2 ROUND DAYS IN INVENTORY TO THE NEAREST DAY, E.G., 15 USE 365 DAYS FOR CALCUALTION DO NOT USE COMMAS, SPACES, DOLLAR SIGNS What is the Inventory Turnover in 2018? A What is the Days in Inventory for 2018? What is the Inventory Turnover in 2017? A/ What is the Days in Inventory for 2017