Inventory Analysis A company reports the following: Cost of goods sold $689,850 Average inventory 91.980 Determine (a) the inventory tumover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and fi decimal place. Assume 365 days a year. a. Inventory tumover 10 X b. Number of days' sales in inventory 22.5 X days Teeded Check My Wor a. Divide cost of goods sold by average inventory b. Divide average inventory by average daily cost of goods sold. Average daily cost of goods sold are Cost of Goods Sold divided by 365