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Kimmel, Financial Accounting, 8e Help I System Announcements CALCULATOR PRINTER VERSION . BACK NEXT Do It! Review 6-3b Early in 2017, Bonita Industries switched to

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Kimmel, Financial Accounting, 8e Help I System Announcements CALCULATOR PRINTER VERSION . BACK NEXT Do It! Review 6-3b Early in 2017, Bonita Industries switched to a just-in-time inventory system. Its sales and inventory amounts for 2016 and 2017 are shown below. 2016 2017 Sales revenue Cost of goods sold Beginning inventory Ending inventory $2,944,040 1,235,900 173,170 217,620 $3,987,450 1,295,190 217,620 93,290 Determine the inventory turnover for 2016 and 2017. (Round answers to 1 decimal place, e.g. 5.1.) 2016 2017 Inventory turnover SHOW LIST OF ACCOUNTS LINK TO TEXT Determine the days in inventory for 2016 and 2017. (Round answers to 1 decimal place, e.g. 5.1.)

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