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Brief Exercise 9-11 In its 2018 annual report, Gap Inc. reported inventory of $1,997 million on January 31, 2018, and $1,830 million on February 1,

Brief Exercise 9-11

In its 2018 annual report, Gap Inc. reported inventory of $1,997 million on January 31, 2018, and $1,830 million on February 1, 2017, cost of goods sold of $9,789 million for 2018, and net sales of $15,855 million.

Compute Gaps inventory turnover for the fiscal year 2018. (Round answer to 2 decimal places, e.g. 7.62.)
Inventory turnover enter inventory turnover in times rounded to 2 decimal places times
Compute Gaps average days to sell inventory for the fiscal year 2018.
Average days to sell inventory enter the average days to sell inventory rounded to 1 decimal place days

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