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The cost of goods sold computations for Wildhorse Company and Ayayal Company are shown below. Wildhorse Company Ayayai Company Beginning inventory $45,000 $72,000 Cost
The cost of goods sold computations for Wildhorse Company and Ayayal Company are shown below. Wildhorse Company Ayayai Company Beginning inventory $45,000 $72,000 Cost of goods purchased 305,500 274,200 Cost of goods available for sale 350,500 346,200 Ending inventory 95,000 98,000 Cost of goods sold $255,500 $248,200 (a1) Compute Inventory turnover for each company. (Round answers to 2 decimal places, eg 15.25) Wildhorse Company Inventory turnover Ayayal Company
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