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The following data (in millions) were taken from recent annual reports of Tomato Computer, Inc., a manufacturer of personal computers and related products, and Happy

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The following data (in millions) were taken from recent annual reports of Tomato Computer, Inc., a manufacturer of personal computers and related products, and Happy Times Corporation, a manufacturer and distributor of greeting cards and related products: Tomato Happy Times Cost of merchandise sold $7,335,900 $2,127,150 Inventory, end of year 123,000 117.000 Inventory, beginning of the year 75,000 144,000 a. Determine the inventory turnover for Tomato and Happy Times, Round to one decimal place Tomato Happy Times b. Would you expect Happy Times Inventory tumover to be higher or lower than Tomato Higher

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