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Inventory Analysis table [ [ , QT , Elppa ] , [ Sales , $ 6 5 , 7 0 0 , $ 8
Inventory Analysis
tableQTElppaSales$$Cost of goods sold,Inventory beginning of period,Inventory end of period,
a Determine for both companies the inventory turnover and the number of days' sales in inventory. Round your calculations and answers to one decimal place. Assume days a year.
tableQTElppa Inventory turnover,days,days Number of days' sales in inventory,,
b QT has a inventory turnover ratio than does Elppa Company. Likewise, QT has a number of days' sales in inventory.
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