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

Suppose at December 31 of a recent year, the following information( in thousands) was available for sunglasses manufacturer Oakley Inc. image text in transcribed
Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $158,000; beginning inventory $120,000; cost of goods sold $350,280 and sales revenue $777,000. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 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 O decimal places, e.g. 125.) Days in inventory days

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