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QT, Inc. and Elppa Computers, Inc. compete with each other in the personal computer market. QT assembles computers to customer orders, building and delivering a

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QT, Inc. and Elppa Computers, Inc. compete with each other in the personal computer market. QT assembles computers to customer orders, building and delivering a computer within four days of a customer entering an order online. Elppa, on the other hand, builds computers for inventory prior to receiving an order. These computers are sold from inventory once an order is received, Selected financial information for both companies from recent financial statements follows (in Millions): QT Elppa Sales $35,040 $46,400 Cost of goods sold 29,200 43,800 Inventory, beginning of period 900 3,984 Inventory, end of period 1,100 4,584 a. Determine for both companies (1) the inventory turnover and (2) the number of days' sales in inventory. Round your calculations and answers to one decimal place, Assume 365 days a year QT Elppa 1. Inventory turnover days days 2. Number of days' sales in inventory number of days' sales In Inventory. b. QT has a inventory turnover ratio than does Elppa Company. Likewise, QT has a

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