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WileyPLUS Problem 6-11 The following Information was reported for Shamrock Equipment Ltd.: 2020 2021 2022 Ending Inventory $152,800 $189,400 $244,400 Cost of Goods Sold $526,400
WileyPLUS Problem 6-11 The following Information was reported for Shamrock Equipment Ltd.: 2020 2021 2022 Ending Inventory $152,800 $189,400 $244,400 Cost of Goods Sold $526,400 $556,075 $733,122 Calculate the inventory turnover and average days for both 2021 and 2022 and comment on the company's liquidity (Round answers to 2 decimal places, e.g. 52.75.) 2021 2022 Inventory turnover times times Average days days days SAVE FOR LATER SULMIT ANSWER Question Attempts: 0 of 1 used
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