4 Danube.com reported the following amounts in its financial statements (in millions): 21:49:50 2015 2014...
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4 Danube.com reported the following amounts in its financial statements (in millions): 21:49:50 2015 2014 Net Sales $65,000 $52,000 Cost of Goods Sold 50,000 42,500 Beginning 5,400 Inventory 3,600 Ending Inventory 5,800 5,400 Required: 1. Determine the inventory turnover ratio and average days to sell Inventory for 2015 and 2014. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) 2015 Inwentowy Turnover Ratio Days to Sell times per you days 2014 times pery day
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