ment Mando?invoker= assignments&takeAssignmentSessionLocator assignment-take&tnprogressa false eBook Calculator Average Inventory, Inventory Turnover Ratio, Inventory Turnover in Days Belt Company had net sates of $2,225,500,000 and cost of goods sold of $1,557,850,000. Belt had the following balances: January 1 December 31 Inventories Required Assume 365 days per year. 1. Calculate the average inventory 335,000,000 $350,000,000 342,500,000 2. Calculate the inventory turnover ratio. Round to two decimal places times 3. Calculate the inventory turnover in days. Round to two decimal places. days 1. Average Inventory-(Beginning Ending inventory)2 2. Inventory Turnover Ratio Cost Of Goods Sold/Average Inventory Prev Check My Work