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Endor Company begins the year with $160,000 of goods in inventory. At year-end, the amount in inventory has increased to $168,000. Cost of goods sold

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Endor Company begins the year with $160,000 of goods in inventory. At year-end, the amount in inventory has increased to $168,000. Cost of goods sold for the year is $700,000. Compute Endor's inventory turnover and days' sales in inventory. Assume that there are 365 days in the year. Inventory Turnover Choose Denominator: - Choose Numerator: Inventory Turnover Inventory Turnover times Choose Numerator: Days' Sales In Inventory Choose Denominator X Days 365 Days Sales In Inventory Days' ales in Inventor days

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