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QS 13-8 Computing Inventory turnover and days' sales In Inventory LO P3 SCC Co. reported the following for the current year! Net sales Cost of

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QS 13-8 Computing Inventory turnover and days' sales In Inventory LO P3 SCC Co. reported the following for the current year! Net sales Cost of goods sold Beginning balance in Inventory Ending balance in inventory $t, eed see $ 2.000 $ 8. Compute(s) Inventory turnover and (b) days' sales in inventory Hint Recall that inventory turnover uses average Inventory, and days' Sales in Inventory uses the ending balance in Inventory Complete this question by entering your answers in the tabs below. Inventory Turnover Days Sales The Inventory Compute the inventory turnoven Choose Numerator Choose Denominator Inventory Turnover nventory over Days Sales y> QS 13-8 Computing Inventory turnover and days' sales In Inventory LO P3 SCC Co. reported the following for the current year. Net sales Cost of goods sold Beginning balance in inventory Ending balance in inventory $48, eee $40,000 $ 2, eee $ 8,eee Compute (a) inventory turnover and (b) days' sales in inventory. Hint Recall that inventory turnover uses average inventory, and days sales in inventory uses the ending balance in inventory. Complete this question by entering your answers in the tabs below. Inventory Turnover Days Sales In Inventory Compute the days' sales in inventory. Dayal Sales In Inventory Choose Denominator Days Choose Numerator: 7 = Days' Sales In Inventory Days's es in inventory days x =

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