QT, Inc. and Elppa Computers, Inc. compete with each other in the personal computer market. QT assembles computers to customer orders, buiding and delivering a computer within four days of a customer entering an order onilne..Elppa, on the other hand, builds computers for inventory prior to receiving an order. These compute sold from inventory once an order is recelved. Selected financial information for both companies from recent financial statements follows (in millions): a. Determine for both companies (1) the inventory turnover and (2) the days' sales in inventory. Round your calculations and answers to one decimal place. Ass. 365 days a year. b. QT has a much inventory tumover ratio than does Elppa. Likewos, QT has a much differences are a result of QTs make-fo-order strategy. days' sales in inventory. These significant Fondians rowarkinh a.1. Divide the cost of goods sold by the average inventory, Average inventory =( Beginning inventory + Ending inventory) +2 . a.2. Divide the average inventory by the average dafy cost of goods sold Average inventory = (Beginning imventory + Encing inventory) +2 . Average daily cost of goods sold - cost of goods sold +365 dars. b. Consider the relationship of the accounts ifivolved, Consider the differences between the two companies