Question
View Policies Current Attempt in Progress Information on the activities of Sheridan Toys Ltd. is as follows: Cost of goods sold Average inventory 2020 2021
View Policies Current Attempt in Progress Information on the activities of Sheridan Toys Ltd. is as follows: Cost of goods sold Average inventory 2020 2021 2022 2023 2024 2020 $878,600 125,310 Save for Later Inventory Turnover eTextbook and Media 2021 $1,007,290 152,090 2022 $1,231,320 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, e.g. 18.42 and number of days to 1 decimal place, e.g. 13.6.) 204,360 Number of Days $1,348,840 days days days 2023 days days 315,250 2024 $1,342,020 444,400 Attempts: 0 of 2 ured
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