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The King Corporation has ending inventory of $484,965, and cost of goods sold for the year just ended was $4,170,699. a. What is the inventory

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The King Corporation has ending inventory of $484,965, and cost of goods sold for the year just ended was $4,170,699. 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.) 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.) C. a. Inventory turnover b. Days' sales in inventory c. Days on shelf in inventory 8.15 times 44.79 days 44.79 days

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