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The following information pertains to two competitors, Larkspur Inc. and Crane Ltd. Larkspur Inc. reported sales revenue of $1,930,000, and Crane Ltd. reported sales revenue

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The following information pertains to two competitors, Larkspur Inc. and Crane Ltd. Larkspur Inc. reported sales revenue of $1,930,000, and Crane Ltd. reported sales revenue of $5,030,000. (a) Calculate the inventory turnover and days to sell inventory ratios for Larkspur and Crane. (Round answers to 1 decimal 10.5. Use 365 days for calculation.)

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