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The cost of goods sold computations for Crane Company and Bramble Company are shown below. Crane Company Bramble Company Beginning inventory $ 49,000 $ 73,000

The cost of goods sold computations for Crane Company and Bramble Company are shown below.

Crane Company

Bramble Company

Beginning inventory

$ 49,000

$ 73,000

Cost of goods purchased

266,080

254,500

Cost of goods available for sale

315,080

327,500

Ending inventory

99,000

105,000

Cost of goods sold

$216,080

$222,500

(a1)

Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 15.25.)

Crane Company

Bramble Company

Inventory turnover

enter a number rounded to 2 decimal places

enter a number rounded to 2 decimal places

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(a2)

Compute days in inventory for each company. (Round answers to 0 decimal places, e.g. 1,250. Use 365 days for calculation.)

Crane Company

Bramble Company

Days in inventory

enter the number of days rounded to 0 decimal places

days

enter the number of days rounded to 0 decimal places

days

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