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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturerOakley, Inc.: ending inventory $153,733; beginning inventory $102,494;

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturerOakley, Inc.: ending inventory $153,733; beginning inventory $102,494; cost of goods sold $352,560 and sales revenue $781,849.
Calculate the inventory turnover for Oakley, Inc.(Round inventory turnover to 2 decimal places, e.g. 5.12.)
Inventory turnover times
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Calculate the days in inventory for Oakley, Inc.(Round days in inventory to 0 decimal place, e.g. 125.)
Days in inventory

days

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