Question
New Home reported the following income statement for the year ended December 31, 2025: (Click the icon to view the income statement.) Requirements 1.
New Home reported the following income statement for the year ended December 31, 2025: (Click the icon to view the income statement.) Requirements 1. Compute New Home's inventory turnover rate for the year. (Round to two decimal places.) 2. Compute New Home's days' sales in inventory for the year. (Round to two decimal places.) Requirement 1. Compute New Home's inventory turnover rate for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the inventory turnover rate. (Round your answer to two decimal places, X.XX.) = Inventory turnover times
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