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The following is information for Ryder Co. 2011 2010 2009 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending inventory 96,400 86,750 91,500
The following is information for Ryder Co. 2011 2010 2009 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending inventory 96,400 86,750 91,500 .................................................................................................................. Use the above information to compute inventory turnover for 2010 and 2011, and its days' sales in inventory at December 31, 2010 and 2011. (Use 365 days a year. Do not round intermediate calculations. Round your answers to 1 decimal place.) 2010 2011 Inventory turnover ........... ............... times Day's sales in inventory ............. ................. days
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