The following information is available from the annual reports of Pronghorn and Melissa: 2022 ending Inventory 2021 ending inventory Cost of goods sold Sales revenue 2022 LIFO reserve 2021 LIFO reserve (a) 8 (Amounts in millions) Pronghorn $6,000 6,200 26,840 29,405 Inventory turnover 225 Your answer is incorrect. Days in inventory 221 Melissa Pronghorn $4,846 5,025 Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover to 2 decimal places, e.g. 15.25 and days in inventory to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 31,433 36,088 times days Melissa times days

The following information is available from the annual reports of Pronghorn and Melissa: (a) Your answer is incorrect. Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover to 2 decimal places, e.g. 15.25 and days in inventory to 1 decimal place, e.g. 15.2. Use 365 days for calculation.)