Endor Company begins the year with $150,000 of goods in inventory. At year-end, the amount in inventory has increased to $158,000. Cost of goods sold for the year is $2,000,000. Compute Endor's inventory turnover and days' sales in inventory. Assume there are 365 days in the year. Inventory Turnover Choose Numerator: 1 Choose Denominator: Cost of goods sold Average inventory $ 2,000,000 / Days' Sales in Inventory Choose Numerator: Choose Denominator: x Days x 365 ' x 365 Inventory Turnover Inventory Turnover 0 times = Days' Sales in Inventory Days' sales in inventory Odays