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Serenity reported the following income statement for the year ended December 31, 2025 : (Click the icon to view the income statement.) Requirements 1. Compute
Serenity reported the following income statement for the year ended December 31, 2025 : (Click the icon to view the income statement.) Requirements 1. Compute Serenity's inventory turnover rate for the year. (Round to two decimal places.) 2. Compute Serenity's days' sales in inventory for the year. (Round to two decimal places.) Requirement 1. Compute Serenity's inventory turnover rate for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the inventory turnover rate. (Round your answer to two decimal places, X.XX.) Requirement 2. Compute Serenity's days' sales in inventory for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the days' sales in inventory for the year. (Enter all amounts to two decimal places, X.X Data table
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