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Tater and Pepper Corp. reported sales for 2012 of $37 million. Tater and Pepper listed $7.0 million of inventory on its balance sheet. 1. How
Tater and Pepper Corp. reported sales for 2012 of $37 million. Tater and Pepper listed $7.0 million of inventory on its balance sheet.
1. How many days did Tater and Peppers inventory stay on the premises? (Use 365 days a year. Round your answer to 2 decimal places.) Days sales in inventory days
2. How many times per year did Tater and Peppers inventory turn over? (Round your answer to 2 decimal places.) Inventory turnover times
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