Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in inventory has increased to $118,000. Cost of goods sold for the year is $1,300,000. Compute Endor's inventory turnover and days' sales in inventory. Assume that there are 365 days in the year. Choose Numerator: Inventory Turnover Choose Denominator: = Inventory Turnover = Inventory Turnover times Days' Sales in Inventory Choose Denominator: x Days = Days' Sales in Inventory x 365 = Days' sales in inventory 365 days Choose Numerator