Inventory Turnover:

2015: ?

2016: ?

Days' Sales in Inventory: 2015: ?

2016: ?

If you can supplement any of it with algerba it would be appreciated. Please show step by step.

Inventory Turnover and Days' Sales in Inventory The Northern Company installed a new Inventory management system at the beglnning of 2015. Shown below are data from the company's accounting records as reported out by the new system: 2015 2016 Sales Revenue $10,000,000 $12,000,000 Cost of Goods Sold 5,000,000 5,900,000 Beginning Inventory 610,000 Ending Inventory 63 0,000 750,000 Calculate the company's (a) inventory turnover and (b) days' sales in inventory for 2015 and 2016 2015 2016 Inventory turnover Days' sales in inventory