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The cost of goods sold computations for Sunland Company and Oriole Company are shown below. Sunland Company Oriole Company $ 45,000 $ 74,000 283.920 366,150
The cost of goods sold computations for Sunland Company and Oriole Company are shown below. Sunland Company Oriole Company $ 45,000 $ 74,000 283.920 366,150 Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 328,920 440,150 107.000 108,000 $221,920 $332,150 (a1) Compute inventory turnover for each company. (Round answers to 2 decimal places, eg. 15.25.) Sunland Company Oriole Company Inventory turnover eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (a2) Compute days in inventory for each company. (Round answers to decimal places, eg. 1.250. Use 365 days for calculation.) Sunland Company Oriole Company Days in inventory days days e Textbook and Media Save for Later Attempts:0 of 5 used Submit Answer (b) Which company moves its inventory more quickly
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