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Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 3 1 for Tango Company follow: Required a .

Inventory turnover and number of days' sales in inventory
Financial statement data for years ending December 31 for Tango Company follow:
Required
a. Determine the inventory turnover for 20 Y 7 and 20 Y 6. Round to one decimal place.
b. Determine the number of days' sales in inventory for 20 Y 7 and 20Y6. Use 365 days and round to one decimal place.
20Y7
Number of days' sales in inventory
c. Are the changes in inventory turnover and the number of days' sales in inventory from 20 Y 6 to 20 Y 7 favorable or unfavorable
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