Sims company reports beginning raw materials inventory of $$1,800$ and ending raw materials inventory of $$2,800.$ Assume the company purchased $$12,500$ of raw materials and used $$11,500$ of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory.

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Raw Materials

Days Sales In

Inventory

Raw Materials

turnover

Inventory

Compute raw materials inventory turnover.

$\backslash$table$[[$Raw Materials Inventory turnover$],[$Numerator:$,$I,Denominator:,$=,$Raw Materials Inventory tumover$],[$Raw materials used,I,Average raw materials inventory,$=,$Raw materials inventory turnover$],[$$$,11,500,$I,,$=$