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The King Corporation has ending inventory of $482,700, and cost of goods sold for the year just ended was $3,934,005. a. What is the inventory

The King Corporation has ending inventory of $482,700, and cost of goods sold for the year just ended was $3,934,005.

a. What is the inventory turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

b. What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

c. How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

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