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The cost of goods sold computations for Blue Spruce Company and Swifty Company are as follows. Blue Spruce Company Swifty Company Beginning inventory $ 48,500

The cost of goods sold computations for Blue Spruce Company and Swifty Company are as follows.

Blue Spruce Company

Swifty Company

Beginning inventory

$ 48,500

$ 73,500

Cost of goods purchased

192,000

293,325

Cost of goods available for sale

240,500

366,825

Ending inventory

55,380

69,000

Cost of goods sold

$185,120

$297,825

image text in transcribed

Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 15.25.) Blue Spruce Company Swifty Company Inventory turnover e Textbook and Media Compute days in inventory for each company. (Round answers to 0 decimal places, e.g. 1,250. Use 365 days for calculation.) Blue Spruce Company Swifty Company Days in inventory days days e Textbook and Media Which company moves its inventory more quickly

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