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Moz Corporation was founded with the mission of filing every home with music. The company reported the following amounts in its financial statements in millions)
Moz Corporation was founded with the mission of filing every home with music. The company reported the following amounts in its financial statements in millions) 2018 2017 Net Sales $ 6,100 $ 6,160 Cost of Goods sold 5,000 Beginning Inventory 4,800 520 510 Ending Inventory 700 520 Required: 1. Determine the inventory turnover ratio and average days to sell Inventory for 2018 and 2017. (Use 365 days in a year. Round your Intermediate and final answers to 1 decimal place.) 2017 2018 times per year days Inventory Turnover Ratio Days to Sell + mes per year days
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