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Inventory Analysis The following data were extracted from the income statement of Brecca Systems Inc.:...

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Inventory Analysis The following data were extracted from the income statement of Brecca Systems Inc.: Current Year Preceding Year Sales $1,034,775 $932,250 Beginning inventories 152,775 140,275 Cost of goods sold 591,300 565,000 Ending inventories 124,275 152,775 a. (1). Determine for each year the inventory turnover. Round to one decimal place. Current year 0.1 Preceding year Accounting numeric field (2). Determine for each year the days sales in inventory. Assume there are 365 days in the year. Round intermediate calculations to the nearest whole dollar and final answers to one decimal place. Current year days Preceding year days

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