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I have already done the following to try and figure out the days in inventory (365/7.0=52.14 & 635/4.8= 76.04) and these answer show as incorrect.
I have already done the following to try and figure out the days in inventory (365/7.0=52.14 & 635/4.8= 76.04) and these answer show as incorrect. Please help!
From the following Information for Russo Merchandising Co. Calculate Inventory turnover for 2018 and 2017 and days' sales In Inventory at December 31, 2018, and 2017. (Round your final answers to 1 declmal place.)Step by Step Solution
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