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Ivanhoe Games reported the following information for athree-year period: Ending inventory Sales Cost of goods sold Profit(a) 2024 $17,200 107,500 47,300 25,800 2023 $25,800 110,080
Ivanhoe Games reported the following information for athree-year period: Ending inventory Sales Cost of goods sold Profit(a) 2024 $17,200 107,500 47,300 25,800 2023 $25,800 110,080 48,43536,120 202 Ivanhoe Games reported the following information for a three-year period: (a) Calculate the inventory turnover, days sales in inventory, and gross profit margin for 2024 and 2023, (Round number of day 1 answer
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