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Dell Inc. is the leading manufacturer of personal computers. In a recent year, it reported the following in dollars in millions: Net sales revenue Cost
Dell Inc. is the leading manufacturer of personal computers. In a recent year, it reported the following in dollars in millions: Net sales revenue Cost of sales Beginning inventory Ending inventory $ 78,660 58,606 2,538 2,678 Required: Determine the inventory turnover ratio and average days to sell inventory for the current year. (Use 365 days a year. Round "Inventory turnover" to 2 decimal places and "Average days to sell inventory" to 1 decimal place.) Inventory turnover Average days to sell inventory days
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