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Suppose at December 3 1 of a recent year, the following information ( in thousands ) was available for sunglasses manufacturer Oakley, Inc.: ending inventory
Suppose at December of a recent year, the following information in thousands was available
for sunglasses manufacturer Oakley, Inc.: ending inventory $ beginning inventory
$ cost of goods sold $ and sales revenue $
Calculate the inventory turnover and days in inventory for Oakley, Inc. Round inventory turnover to
decimal places, eg and days in inventory to decimal places, eg Use days for
calculation.
Inventory turnover
times
Days in inventory
days
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