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Save& Exlt Subm Question 3 (of 10) Time remaining: 417:59 3.00 points Problem 3-4 Calculating Inventory Turnover [LO 2 Bobalex Corporation has ending inventory of
Save& Exlt Subm Question 3 (of 10) Time remaining: 417:59 3.00 points Problem 3-4 Calculating Inventory Turnover [LO 2 Bobalex Corporation has ending inventory of $684,273 and cost of goods sold for the year just ended was $4,358,722 What is the inventory turnover? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g, 32.16) Inventory turnovertim What is the days' sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Days' sales in inventorydays How long on average did a unit of inventory sit on the shelf before it was sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., Days on the shelf days References Book&Resources Worksheet Difficulty: 1 Basic Section: 3.2 Ratio Analysis MacBook Pro 5 6 7 8 0
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