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Use the following information relating to Shana Company to calculate (a) the inventory turnover ratio and (b) the number of days' sales in inventory

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Use the following information relating to Shana Company to calculate (a) the inventory turnover ratio and (b) the number of days' sales in inventory ratio. Assume a year has 365 days. Do not round intermediate calculations and round your final answers to 1 decimal place. Cost of Average Sales Goods Sold Inventory Year 2021 $22,000 $16,500 $2,500 Year 2022 28,000 21,000 3,200 Year 2023 35,000 22,750 3,800 Year 2024 37,000 27,250 4,300 Inventory Turnover Days' Sales in Inventory Year 2021 Year 2022 Year 2023 Year 2024

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