solve

E6-15 The cost of goods sold computations for Alpha Company and Omega Company are shown below. ver Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Alpha Company $45,000 200,000 245,000 55,000 $190,000 Omega Company $ 71,000 290,000 361,000 69,000 $292,000 Cost of goods sold Instructions (a) Compute inventory turnover (round to two decimal places) and days in inventory (round to nearest day) for each company. (b) Which company moves its inventory more quickly