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ent/take Assignment Main.do?invoker&take AssignmentSessionLocator Beinprogress-false eBook Show Me How Calculator Inventory Analysis The following data were extracted from the income statement of Keever Inc. Current Year Previous Year Sales $1,503,800 $1,563,700 Beginning inventories 115,916 98,976 Cost of goods sold 751,900 868,700 Ending inventories 104,916 115,916 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Previous Year 1. Inventory turnover days 2. Number of days' sales in inventory days The inventory turnover has , while the number of days sales in b. The inventory position of the business has inventory has Previous Next Check My Work 3 more Check My Work uses remaining. * oo ent/take Assignment Main.do?invoker&take AssignmentSessionLocator Beinprogress-false eBook Show Me How Calculator Inventory Analysis The following data were extracted from the income statement of Keever Inc. Current Year Previous Year Sales $1,503,800 $1,563,700 Beginning inventories 115,916 98,976 Cost of goods sold 751,900 868,700 Ending inventories 104,916 115,916 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Previous Year 1. Inventory turnover days 2. Number of days' sales in inventory days The inventory turnover has , while the number of days sales in b. The inventory position of the business has inventory has Previous Next Check My Work 3 more Check My Work uses remaining. * oo

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