Dell Inc is the leading manufacturer of personal computers In
Dell Inc. is the leading manufacturer of personal computers. In a recent year, it reported the following in dollars in millions:
Net sales revenue .... $62,071
Cost of sales ...... 48,260
Beginning inventory .... 1,301
Ending inventory ...... 1,404

1. Determine the inventory turnover ratio and average days to sell inventory for the current year.
2. Explain the meaning of each number.

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