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Early in 2022, Oriole Company switched to a just-in-time inventory system. Its sales and inventory...

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Early in 2022, Oriole Company switched to a just-in-time inventory system. Its sales and inventory amounts for 2021 and 2022 are shown below. 2021 2022 Sales revenue $3,700,000 1,570,750 Cost of goods sold Beginning inventory Ending inventory $3,400,000 1.147.000 150,000 220,000 220,000 85,000 (a1) Your answer is correct Determine the inventory turnover for 2021 and 2022. (Round answers to 1 decimal place, eg. 5.1.) 2021 2022 Inventory turnover 62 10.3 Determine the days in inventory for 2021 and 2022. (Round answers to 1 decimal place, e.g. 5.1.) 2021 2022 Days in inventory days days

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