Inventory Analysis A company reports the following: Cost of goods sold Average inventory $527,425 62,050 Determine...

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Inventory Analysis A company reports the following: Cost of goods sold Average inventory $527,425 62,050 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place, Assume 365 days a year. a. Inventory turnover b. Number of days' sales in inventory days Inventory Analysis A company reports the following: Cost of goods sold Average inventory $527,425 62,050 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place, Assume 365 days a year. a. Inventory turnover b. Number of days' sales in inventory days