Suppose at December $31$ of a recent year, the following information $($in thousands$)$ was available for sunglasses manufacturer Oakley,

Inc.: ending inventory $$143,000,$ beginning inventory $$115,000,$ cost of goods sold $$327,660,$ and sales revenue $$684,000.$

$($a$)$

Your answer is correct.

Calculate the inventory turnover for Oakley, Inc. $($Round answer to $2$ decimal places, e$.$g$.1\mathrm{.}25.)$

Inventory turnover

times

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Attempts: $1$ of $3$ used

$($b$)$

Calculate days in inventory for Oakley, Inc. $($Round answer to $0$ decimal places, e$.$g$.15.$ Use $365$ days for calculation.$)$

Days in inventory

$

days