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SCC Company reported the following for the current year: Net sales $ 59,000 Cost of...

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Accounting

SCC Company reported the following for the current year: Net sales $ 59,000 Cost of goods sold 48,800 Beginning balance in inventory 3,100 Ending balance in inventory 9,100 Compute (a) inventory turnover and (b) days sales in inventory. Hint: Inventory turnover uses average inventory and days sales in inventory uses the ending balance in inventory.

imageimage Complete this question by entering your answers in the tabs below. Compute the inventory turnover. Complete this question by entering your answers in the tabs below. Compute the days' sales in inventory

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