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The financial data for Cullumber's Fresh Fruits Incorporated and Ivanhoe's Supermarket Ltd. for the current year are as follows: Annual Cost of Goods Sold
The financial data for Cullumber's Fresh Fruits Incorporated and Ivanhoe's Supermarket Ltd. for the current year are as follows: Annual Cost of Goods Sold Inventory Jan. 1 Inventory Dec. 31 Cullumber's Fresh Fruits $9,662,625 $713,200 $718,300 Ivanhoe's Supermarket 57,038,395 4,797,600 993.100 (b) Calculate the days to sell inventory ratio for each company. (Round answers to 1 decimal place, e.g. 18.4.) Days to sell inventory ratio Cullumber's Fresh Fruits Ivanhoe's Supermarket days days
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