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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 $
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
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