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Ulipny is managing inventory more efficiently Explain, os 6.-17 Inventory turnover and daus' sales in inventory LO7 nu showed the following selected information for the
Ulipny is managing inventory more efficiently Explain, os 6.-17 Inventory turnover and daus' sales in inventory LO7 nu showed the following selected information for the years ended December 31, 2017, 201 and and 2015: 2017 2016 2015 $312,600 111,500 $410,225 $344,500 82,500 Merchandise inventory (December 31) ... 56,195 For the years ended 2017 and 2016, calculate etohy a. Days' sales in inventory b. Inventory turnover COOS A M ndicate if the change in the ratio from 2016 to 2017 is generally considered to be favourable (go avourable (not good). Round calculations to two decimal places. 0 6-18 Inyentaru costing math
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