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Suppose at December 31 of a recent year, the following information (in thousands) was available...

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Accounting

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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 $117,000, cost of goods sold $376,600, and sales revenue $779,000. (a1) Your answer is correct. Calculate the inventory turnover for Oakley. Inc. (Round inventory turnover to 2 decimal places, e.8. 5.12.1 Inventory turnover times eTextbook and Media (a2) Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e.g. 125.) Days in inventory days

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