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Inventory Analysis The following data were extracted from the income statement of Keever Inc. Current Year Previous Year $1,576,800 $1,642,500 Sales Beginning inventories Cost of

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Inventory Analysis The following data were extracted from the income statement of Keever Inc. Current Year Previous Year $1,576,800 $1,642,500 Sales Beginning inventories Cost of goods sold Ending inventories 101,352 788,400 91,752 103,500 912,500 101,352 Deermine for each year () the inventory tumover and (2)the number of daye sales in inventp. Round nterim one decimal place. Assume 365 days a year calculations to the nearest dollar and the final answers to Current Year Previous Year Inventory turnover 2. Number of days' sales in inventory b. The Inventory postion of the business has days days w The inventory turnover has , while the number of days' sales in inventory has Previous Check My Work 3 more Check My Work uses remaining

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