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PA 7 - 3 ( Algo ) Calculating and Interpreting the Inventory Turnover Ratio and Days to Sell [ LO 7 . 5 ] SoundsLike

PA7-3(Algo) Calculating and Interpreting the Inventory Turnover Ratio and Days to Sell [LO 7.5]
SoundsLike Company was founded with the mission of filling every home with music. The company reported the following amounts in
its financial statements (in millions):
Required:
Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017.(Use 365 doys in o yeor. Round your
intermediate and finel answers to 1 decimal place.)
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