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The company reported the following amounts (in millions) in its annual financial statements at the end of January: Net Sales Revenue Cost of Goods
The company reported the following amounts (in millions) in its annual financial statements at the end of January: Net Sales Revenue Cost of Goods Sold Beginning Inventory Ending Inventory 1. For 2021, the Inventory Turnover Ratio is a) 3.1 times a year b) 3.3 times a year c) 3.6 times a year d) 4.0 times a year e) None of the above. 2. Days to Sell for 2021 is a) 76.0 days b) 91.3 days c) 110.6 days d) 121.7 days e) None of the above. 2021 2020 $15,900 $15,400 $9,040 $8,640 $2,500 $1,800 $2,900 $2,500
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