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Explain. QS 6-17 Inventory turnover and days' sales in inventory LO7 Mixon Company showed the following selected information for the years ended December 31, 2017,

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Explain. QS 6-17 Inventory turnover and days' sales in inventory LO7 Mixon Company showed the following selected information for the years ended December 31, 2017, 2016, and 2015: 2017 2016 2015 Cost of goods sold Merchandise inventory (December 31). $410,225 56,195 $344,500 82,500 $312,600 111,500

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