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Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: 20Y7 $3,568,240 Inventory turnover

Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: 20Y7 $3,568,240 Inventory turnover Cost of goods sold Inventories: Beginning of year 722,700 End of year 795,700 a. Determine the inventory turnover for 20Y7 and 20Y6. Round your answers to one decimal place. 20Y7 20Y6 $3,629,925 Number of days' sales in inventory 700,800 722,700 20Y6 b. Determine the days' sales in inventory for 20Y7 and 20Y6. Use 365 days a year. Round your answers to one decimal place. 20Y7 118 X days 20Y6 days
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Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: a. Determine the inventory turnover for 20Y7 and 20Y6. Round your answers to one decimal place. b. Determine the days' sales in inventory for 20Y7 and 20y6. Use 365 days a year. Round your answers to one decimal place

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