JLT ALI20SAUCT 205 Section 05-Introduction to Financial Accounting Chapter 6 / Chapter 6 Assignment 1 CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Mark 0.00 out of 4.00 Flag question Incorrect nventory Turnover and Days Sales in Inventory Herberger & Company disclosed the following information in its recent annual report: 2015 2016 Cost of goods sold $26,000,000 $30,000,000 Beginning inventory 2,000,0004,000,000 Ending inventory 4,000,000 5,000,000 Calculate the company's inventory turnover and days sales in inventory for both years. Round answers to two decimal places, Use rounded answers for subsequent calculations. 2015 2016 Inventory turnover 8.6x 6.6 x 42.4 x 55.3 Days' sales in inventory Check tou have correctly selected 0. Show all pdf -1. Team sprit pdf ^ 2. The Pope & the SMSUNG