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These are activity ratios of both the companies, apart from doing math, we are supposed to explain them RY TURNOVER 2021 2022 lnc Average Inventory

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These are activity ratios of both the companies, apart from doing math, we are supposed to explain them
image text in transcribed

RY TURNOVER 2021 2022 lnc Average Inventory cost of Good sold Average Inventory DAYS TO SELL INVENTORY 2021 2022 365 Inventory Turnover 365 Inventory Turnover 714.904 183.763 811.808 213,412.5 365 3.89 365 3.80 20.619 4,421 12,014 3,988.5 365 4.66 365 3.01 3.89 3.80 93.83 Days 96.05 Days INVENTORY TURNOVER GreenSpaceBrand lnc 2021 2022 Cost of Good Sold Average Inventory Cost Of Good Sold Average Inventory DAYS TO SELL INVENTORY 2021 2022 365 Inventory Turnover 365 Inventorv Turnover 4.66 3.01 78.33 Days 121.26 Days

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