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  3. the top corporation has ending inventory of $709,4

The Top Corporation has ending inventory of $709,473 and cost of goods sold for the...

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Accounting

The Top Corporation has ending inventory of $709,473 and cost of goods sold for the year just ended was $8,806,432.
a. What is the inventory turnover?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. What is the days' sales in inventory?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
c. How long, on average, did a unit of inventory sit on the shelf before it was sold?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
\table[[a. Inventory turnover,,times],[b. Days' sales in inventory,,days],[c. Days on the shelf,,days]]
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