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LO5 E6-11B. Inventory Turnover and Days' Sales in Inventory The Western Company installed a new inven- tory management system at the beginning of 2018. Shown

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LO5 E6-11B. Inventory Turnover and Days' Sales in Inventory The Western Company installed a new inven- tory management system at the beginning of 2018. Shown below are data from the company's ac- counting records as reported by the new system: BC Sales revenue... Cost of goods sold Beginning inventory Ending inventory 2018 2019 $11,000,000 $14,000,000 5,000,000 6,000,000 620,000 630,000 630,000 750,000 Calculate the company's (a) inventory tumover and (b) days' sales in inventory for 2018 and 2019. Comment on your results

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