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The Smith 2021 income statement and balance sheet follows (Click the icon to view the assets section of the balance sheet) (Cick the icon to

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The Smith 2021 income statement and balance sheet follows (Click the icon to view the assets section of the balance sheet) (Cick the icon to view the Sablities and stockholder' equity sections of the balance sheet) (Cick the icon to view the income statenent.) Read the reguirements a. Use the income statement and the balance sheel to calculate Smath's rate of inventory turnover and days' inventory outstanding for 2021. Begin by selecting the formula and then enter the amounts to calculate imentory turnover. (Enter currency amounts in millons as given in the cuestion. Round the inventory tumover to two decimal places, XX.) Data table Data table Data table Data table

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