Current Attempt in Progress The following information pertains to two competitors, Mostly Inc. and Hardly Ltd. Company Mostly Inc. Hardly Ltd. Beginning Inventory $161,000 $524,000 Ending Inventory $275,000 $558,000 Cost of Goods Sold $837,755 $1,906,470 Mostly Inc. reported sales revenues of $1,223,000 and Hardly Ltd. reported sales revenues of $3,070,000. (a) Calculate the inventory turnover ratio for Mostly and Hardly. (Round answers to 1 decimal place, e.g. 10.5.) Mostly Inc. Hardly Ltd. Inventory turnover ratio times times Save for Later Attempts: 0 of 2 used Submit