SCC Co. reported the following for the current year: Net sales Cost of goods sold Beginning balance in inventory Ending balance in inventory $61,000 $49, 140 $ 3,300 $ 9,300 Compute (a) inventory turnover and (b) days' sales in inventory. Hint. Recall that inventory turnover uses average inventory, and days' sales in inventory uses the ending balance in inventory. Complete this question by entering your answers in the tabs below. Inventory Turnover Days Sales In Inventory Compute the inventory turnover. Inventory Turnover Choose Numerator: 7 Choose Denominator: Inventory Turnover / Inventory turnover / times SCC Co. reported the following for the current year: Net sales Cost of goods sold Beginning balance in inventory Ending balance in inventory $61,000 $49, 140 $ 3,300 $ 9,300 Compute (a) inventory turnover and (b) days' sales in inventory. Hint. Recall that inventory turnover uses average inventory, and days' sales in inventory uses the ending balance in inventory. Complete this question by entering your answers in the tabs below. Inventory Turnover Days Sales In Inventory Compute the days' sales in inventory. Days' Sales In Inventory. Choose Numerator: | Choose Denominator: Days 1 Days' Sales In Inventory Days' sales in inventory days / X Average inventory Cost of goods sold Ending inventory Net sales