The following information pertains to two competitors, Mostly Inc. and Hardly Ltd. Company Mostly Inc. Hardly Ltd. Beginning Inventory $164,000 $593,000 Ending Inventory $235,000 $645,000 Cost of Goods Sold $859,604 $1,871,324 Mostly Inc. reported sales revenues of $1,382,000 and Hardly Ltd. reported sales revenues of $2,716,000. (a) Calculate the inventory turnover ratio for Mostly and Hardly. (Round answers to 1 decimal place, e.g. 10.5.) Inventory turnover ratio Save for Later Mostly Inc. times Hardly Ltd. times Attempts: 0 of 2 used Submit Answer