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The following information was available for the year ended December 31, 2019: Net sales $...

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Accounting

The following information was available for the year ended December 31, 2019: Net sales $ 1,040,250 Cost of goods sold 646,050 Average accounts receivable for the year 43,350 Accounts receivable at year-end 21,400 Average inventory for the year 214,000 Inventory at year-end 158,400 Required: Calculate the inventory turnover for 2019. (Round your answer to 2 decimal places.) Calculate the number of days' sales in inventory for

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