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The Morden Corporation has ending inventory of $483,167, and cost of goods sold for the year just ended was $4,285,131 What is the inventory turnover?

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The Morden Corporation has ending inventory of $483,167, and cost of goods sold for the year just ended was $4,285,131 What is the inventory turnover? (Round the final answer to 2 decimal places.) Inventory turnover 17.74 times What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations. Round the final answer to decimal places.) Days' sales in inventory 20.57 days How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Round the final answer to 2 decimal places.) Inventory days on shelf 20.07 days

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