The following information is available for Indigo Corporation for 2022: Beginning inventory $1,121,000 Ending inventory...
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Accounting
The following information is available for Indigo Corporation for 2022: Beginning inventory $1,121,000 Ending inventory 1,221,000 Cost of goods sold 8,548,300 Sales 7,440,000 Calculate the inventory turnover and days in inventory for Indigo Corporation. (Round inventory turnover to 2 decimal places, e.g. 52.75 and days in inventory to O decimal places, eg. 5,275.) Inventory turnover Days in inventory times days
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