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Inventory Analysis table [ [ , QT , Elppa ] , [ Sales , $ 6 5 , 7 0 0 , $ 8

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Inventory Analysis
\table[[,QT,Elppa],[Sales,$65,700,$85,100],[Cost of goods sold,54,750,80,300],[Inventory, beginning of period,2,150,8,660],[Inventory, end of period,2,350,10,260]]
a. Determine for both companies (1) the inventory turnover and (2) the number of days' sales in inventory. Round your calculations and answers to one decimal place. Assume 365 days a year.
\table[[,QT,Elppa],[1. Inventory turnover,days,days],[2. 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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