6 0/2 points Net sales are $80,000, cost of goods sold is $30,000, net income...
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6 0/2 points Net sales are $80,000, cost of goods sold is $30,000, net income is $35,000, inventory is $15,000 at the beginning of the year, and inventory is $25,000 at the end of the year. Calculate the inventory turnover ratio. (Round your answer to one decimal place.) 20,000 7 0/2 points Last year, Ghirmai Company had sales of $3,000,000, cost of goods sold was $2,000,000, net income was $400,000, beginning inventory was $225,000, and ending inventory was $275,000. Calculate Ghirmai Company's days to sell inventory. (Round your answer to the nearest whole number) X 45.6
Net sales are $80,000, cost of goods sold is $30,000, net income is $35,000, inventory is $15,000 at the beginning of the year, and inventory is $25,000 at the end of the year. Calculate the inventory turnover ratio. (Round your answer to one decimal place.) 0/2 points Last year, Ghirmai Company had sales of $3,000,000, cost of goods sold was $2,000,000, net income was $400,000, beginning inventory was $225,000, and ending inventory was $275,000. Calculate Ghirmai Company's days to sell inventory. (Round your answer to the nearest whole number)
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