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Solve for the missing information designated by ? in the following table. (Use 365 days in a year. Round the inventory turnover ratio to one
Solve for the missing information designated by "?" in the following table. (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round days to sell to one decimal place.) Case a. b. C. $ $ Beginning Inventory Purchases 200 $ 300 Cost of Goods Sold 900 $ $ $ 900 1,600 1,400 $ Ending Inventory 100 Inventory Turnover Ratio 8.0 Days to Sell 26.1
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