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Question 10 of 10 - / 10 III View Policies Current Attempt in Progress The 2020 and 2021 partial balance sheets for Blossom Manufacturing Company

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Question 10 of 10 - / 10 III View Policies Current Attempt in Progress The 2020 and 2021 partial balance sheets for Blossom Manufacturing Company appear below along with selected financial information: 2020 2021 Current Assets Cash $39,000 $38,000 Accounts receivable, net 44,000 42.000 Inventory 53,000 57,000 Total current assets 136,000 137,000 Plant & equipment, net 83,000 63,000 Total assets 219,000 200,000 Net credit sales $153,000 $141,900 Cost of goods sold 122.000 102.850 Gross profit $31,000 $39,050 (a) Calculate Blossom's inventory turnover and average days to sell inventory for 2021. (Round inventory turnover to 2 decimal places, e.g. 52.75 and average days to sell inventory to 1 decimal place, e.g. 52.1.) 2021 Inventory turnover times per year Average days to sell inventory days

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