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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc: ending inventory $165,000, beginning inventory
Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc: ending inventory $165,000, beginning inventory $121,000, cost of goods sold $346,060, and sales revenue $762,000. Your answer is correct. Calculate the inventory turnover for Oakley, Inc. (Round inventory tumover to 2 decimal places, e.g. 5.12.) Inventory turnover times eTextbook and Media Attempts: 1 of 6 used (a2) Calculate the days in inventory for Oakley. Inc. (Round days in inventory to O decimal places, eg. 125.) Days in inventory days
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