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Net Sales Revenue Cost of Goods Sold Average Inventory 2012 2013 2014 2015 $4,500 $3,960 $3,299 $2,870 3,760 3,300 2,810 2,470 450 409 340 330

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Net Sales Revenue Cost of Goods Sold Average Inventory 2012 2013 2014 2015 $4,500 $3,960 $3,299 $2,870 3,760 3,300 2,810 2,470 450 409 340 330 25 points Required: eBook Hint 1-a. Calculate the inventory turnover ratio for 2015, 2014, and 2013 1-b. Calculate the average days to sell inventory for 2015, 2014, and 2013. 2. Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 6.7 time days to sell). Both companies use the same inventory costing method (FIFO). Print References Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 18 Req 2 Reg 2 Calculate the average days to sell Inventory for 2015, 2014, and 2013. (Use 365 days in a year. Use rounded Inventory Turnover Ratio" and round your answers to 1 decimal place.) 2015 Days 2014 2013 Average Days to Sell Inventory

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