The following information pertains to two competitors, Mostly Inc. and Hardly Ltd. Company Mostly Inc. Hardly Ltd. Beginning Inventory $149,000 $560,000 Ending Inventory $261,000 $648,000 Cost of Goods Sold $984,642 $1,626,210 Mostly Inc. reported sales revenues of $1,299,000 and Hardly Ltd. reported sales revenues of $3,170,000. (a) Calculate the inventory turnover ratio for Mostly and Hardly. (Round answers to 1 decimal place, e.g. 10.5.) Mostly Inc. Hardly Ltd. Inventory turnover ratio times times Save for Later Attempts: 0 of 2 used Submit