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The following data were taken from the income statements of Sheridan Company. 2027 2026 Net Sales $6,380,000 $6,179,000 Beginning inventory 934,000 840,000 Purchases 4,858,800

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The following data were taken from the income statements of Sheridan Company. 2027 2026 Net Sales $6,380,000 $6,179,000 Beginning inventory 934,000 840,000 Purchases 4,858,800 4,351,600 Ending inventory 1,074,000 934,000 Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 12.5.) Inventory turnover eTextbook and Media 2027 4.7 times 2026 4.8 times Attempts: (a2) Compute days in inventory for each year. (Round answers to O decimal places, e.g. 124. Use 365 days for calculation.) Days in inventory 2027 days 2026 days

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