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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 $156,748; beginning inventory

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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 $156,748; beginning inventory $108,738, cost of goods sold $348,930 and sales revenue $757,813. Calculate the inventory tumover for Oakley, Inc. (Round inventory tumover to 2 decimal places, eg, 5.12) Inventory turnover times e Textbook and Media List of Accounts Calculate the days in inventory for Oakley, Inc. (Round days in inventory to decimal places, es. 125) Days in inventory days

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