Kimmel, Financial Accounting, Seventh Canadian Edition FINANCIAL ACCOUNTING (NGT 2 Assignment Gradebook ORION Downloadable eTextbook ent MESSAGE MV INSTRUCTOR FUIL SCREEN PRINTER VERSIONBAKEXT Brief Exercise 6-12 (Part Level Submission) The following information is available for Canadian Tire Corporation (in $ millions): 2014 1,764.5 $ 1,623.8 $1,481.0 12,279.6 12,462.9 11,785.6 2015 2013 Inventory Net sales Cost of goods sold 7,747.1 8,033.2 (a) e.g. 15. Use 365 days for calculation) 7,678.0 Caiculate the inventory turnover and days in inventory ratios for 2015 and 2014. (Round inventory turnover to 1 decimal 2015 2014 Inventory Turnover times times days days Days in Inventory SAVE FOn LATE Attempts: 0 of 3 used version 4.24 The parts of this question must be completed im order. This part wi be available when you comavete the part above All Rights Reserved A Division of annuiaAsarat