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  3. 4. given the following information, calculate the

4. Given the following information, calculate the Inventory Turnover, the Days in Inventory, the Accounts...

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Accounting

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4. Given the following information, calculate the Inventory Turnover, the Days in Inventory, the Accounts Receivable Turnover and the Days Sales Outstanding for 2020. What two things would you want to compare these ratios to in order to make it meaningful in interpreting financial performance? Net Sales Cost of goods sold Net Income Inventories Accounts Receivable Dollars in millions 2019 2020 $4,411.5 $4,834.1 $2,579.8 $2,823.9 $472.3 $477.4 $756.4 $793.32 $465.2 $555.14

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