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The cost of goods sold computations for Alpha Company and Omega Company are shown below. Alpha Company Omega Company Beginning inventory $45,000 $71,000 Cost of

The cost of goods sold computations for Alpha Company and Omega Company are shown below.
Alpha Company Omega Company
Beginning inventory $45,000 $71,000
Cost of goods purchased 199,000 295,500
Cost of goods available for sale 244,000 366,500
Ending inventory 55,500 71,500
Cost of goods sold $188,500 $295,000
(a1)
Your answer is correct.
Compute inventory turnover for each company.(Round answers to 2 decimal places, e.g. 15.25.)
Alpha Company Omega Company
Inventory turnover
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(a2)
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Compute days in inventory for each company.(Round answers to 0 decimal places, e.g. 1,250. Use 365 days for calculation.)
Alpha Company Omega Company
Days in inventory days

days

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