SoundsLike Company was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in millions): Net Sales Cost of Goods Sold Beginning Inventory Ending Inventory 2018 $5,500 4, 400 538 630 Inventory Turnover Ratio Days to Sell Required: 1. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) 2018 times per year days 2017 $ 5,560 4,300 Droi 460 530 2 of 1 www m 2017 times per year days Next >

SoundsLike Company was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in miltions): Required: 1. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017 . (Use 365 days in a year. Round you intermediate and final answers to 1 decimal place.)