Show Attempt History Current Attempt in Progress Suppose at December 31 of a recent year,...
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Accounting
Show Attempt History Current Attempt in Progress Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $152,000, beginning inventory $136,000, cost of goods sold $364,320, and sales revenue $845,000. (a) Your answer is incorrect. Calculate the inventory turnover for Oakley, Inc. (Round answer to 2 decimal places, e.g. 1.25.) Inventory turnover times
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