Q 12.25: Great Northern Textiles has total inventory equivalent to 46 days of cost of goods sold while its competitor, Trendwise Fashions, has inventory equivalent to 58 days of cost of goods sold. Great Northern reported gross margin as percentage of sales of 40% and Trendwise reported gross margin as percentage of sales of 44%. If Great Northern had sales of $1.567 billion and Trendwise had sales 15% less than its competitor, what is the approximate ratio of total inventory of Great Northern to Trendwise? A 1.0 B 1.26 0.79 D 0.85