The following data were taken from the income statements of Mydorf Company Sales revenue Beginning...
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The following data were taken from the income statements of Mydorf Company Sales revenue Beginning inventory Purchases Ending inventory 2020 $6,480,000 985,000 4,377,250 1,030,000 2019 $6,110,000 830,000 4,692,500 985,000 Compute for each year the inventory turnover. (Round answers to 1 decimal place, e.g. 1.6.) 2020 2019 Inventory turnover times times Compute for each year the days in inventory. (Use 365 days for calculation. Round answers to 1 de 2020 2019 Days in inventory days days
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