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l The ninancial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information in millions) Year-end inventories 2017 $9342 2016 2015 $1,044.1 $1,642.6
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The ninancial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information in millions) Year-end inventories 2017 $9342 2016 2015 $1,044.1 $1,642.6 Fiscal Year 2017 2016 $7,826.9 $8,664.1 5,484.8 6,234.9 648.0 (665.9) Net sales Cost of goods sold Net income Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round invento turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, eg. 65.) 2017 2016 (a) Inventory turnover times times (b) Average days to sell inventory days days eTextbook and Media Safor Later Attempts: 0 of 3 used STAT Step by Step Solution
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