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TB EX Qu. 6-224 A company reports the following amounts... A company reports the following amounts for 2021: Inventory beginning) Inventory (ending) Purchases Purchase returns

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TB EX Qu. 6-224 A company reports the following amounts... A company reports the following amounts for 2021: Inventory beginning) Inventory (ending) Purchases Purchase returns $ 18,000 35,000 230,000 13,000 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2021. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) Cost of goods sold Inventory turnover ratio Average days in inventory times days

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