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Selected Accounts Current Assets Inventory Current Liabilities Net Revenue Cost of Goods Sold Accounts Receivable FY 2020 $ 350,000 $ 250,000 $ 340,000 $1,400,000 $1,350,900

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Selected Accounts Current Assets Inventory Current Liabilities Net Revenue Cost of Goods Sold Accounts Receivable FY 2020 $ 350,000 $ 250,000 $ 340,000 $1,400,000 $1,350,900 105,000 FY 2019 $ 400,000 $ 230,000 $ 300,000 $1,500,000 $1,020,000 $ 110,000 FY 2018 $ 450,000 $ 280,000 $ 390,000 $1,450,000 $1,180,000 $ 120,000 (a) Please calculated the FY 2020 Inventory Turnover in times and days. All calculations should be 2- (5%) (b) Forget about competitor or industry index comparisons, is the days calculation in (a) good or bad

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