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Quality Sounds Incorporated was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements

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Quality Sounds Incorporated was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in millions): Net Sales Cost of Goods Sold Beginning Inventory Ending Inventory. Required: 2018 $ 5,700 4,600 540 640 2017 $ 5,760 4,500 470 540 1. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) 2018 2017 Inventory Turnover Ratio Days to Sell times per year times per year days days

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