Brief Exercise 18-12 b (Essay) The following data were taken from the income statements of Mydorf Company. 2020 Sales revenue Beginning inventory Purchases Ending inventory $6,420,000 2019 $6,240,000 940,000 860,000 4,340,000 4,661,000 1,020,000 940,000 2020 2019 (1) Inventory turnover 4.8 times 5.0 times (2) Days in inventory 76 days 73 days (b) What conclusions concerning the management of the inventory can be drawn from the i Click if you would like to Show Work for this question: Open Show Work