Endor Company begins the year with $100,000 of goods in inventory. At year-end, the amount in inventory has increased to $112,000. Cost of goods sold for the year is $1,400,000 Compute Endor's inventory turnover and days' sales in inventory. Assume there are 365 days in the year. Inventory Turnover Inventory Tumover 13.21 times Inventory Turnover Choose Numerator Choose Dunominator Cost of goods sold Average Inventory 1,400,000/ $ 106,000 Days' Sales in inventory Choose Numerator Choose Denominator X Days Ending inventory 1 Cost of goods sold X 365 1 X 365 - Day Sales In Inventory Days' solo in inventory - Odaya Exercise 5-20B (Algo) Estimating ending Dakota Company had net sales (at retail) of $143,000 At Cost At Retail Beginning inventory 5 33,200 $ 65,500 Cost of goods purchased 52,704 99,700 The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end Inventory at cost. (Round cost ratio to the nearest whole percentage.) Answer is not complete. Al Cost Cost-to-Retail Ratio At Retail $ $ Beginning inventory Cost of goods purchased Cost of goods viable for sale Net sales at retail Ending inventory 33,200 52.704 85,004 65.500 99.700 165.200 S S