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PUI Score: 0 of 1 pt 16 of 17 (complete HW Score: 0 P 19-16 (similar to) ES Your company had $10 milion in sales

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PUI Score: 0 of 1 pt 16 of 17 (complete HW Score: 0 P 19-16 (similar to) ES Your company had $10 milion in sales last year its cost of goods sold was $70 million and its vigo inventory balance was $1.300,000. What was seven days of inventory? Hint Uhe a 365 day year) The average days of inventory was days Pound te deci places) Score: 0 of 1 pt 17 of 17 (0 completo) P 19-17 (similar to) Happy Valley Homecare Suppliers, Incorporated (HVHS), had $10.2 million in sales in 2015. Its cost of goods sold was $4.08 million, and its average inventory balance was 51 22 milion Calculate the average number of days inventory outstanding ratios for HVHS b. The average number of inventory days in the industry is 73 days. By how much must HVHS reduce its investment in inventory to improve its inventory days to meet the industry? (Hint Use a 365-day year) a Calculate the number of days inventory cutstanding ratios for HVHS. The number of inventory days outstanding is days (Round to two domical places)

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