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This information is available for Pharoah Company for 2017, 2018, and 2019. 2017 2018 2019 Beginning inventory $ 103,000 $ 319,000 $ 414,500 Ending inventory

This information is available for Pharoah Company for 2017, 2018, and 2019.

2017

2018

2019

Beginning inventory $ 103,000 $ 319,000 $ 414,500
Ending inventory 319,000 414,500 472,000
Cost of goods sold 892,000 1,120,500 1,306,000
Net sales 1,200,000 1,605,500 1,903,000
Calculate inventory turnover for Pharoah Company for 2017, 2018, and 2019. (Round answers to 2 decimal places, e.g. 1.52.)

2017

2018

2019

Inventory turnover

Calculate days in inventory for Pharoah Company for 2017, 2018, and 2019. (Round answers to 1 decimal place, e.g. 1.5. Use 365 days for calculation.)

2017

2018

2019

Days in inventory

days

days

days

Calculate gross profit rate for Pharoah Company for 2017, 2018, and 2019. (Round answers to 0 decimal places, e.g. 125%.)

2017

2018

2019

Gross profit rate

%

%

%

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