Early in 2010 Aragon Company switched to a just-in-time inventory system. Its sales, cost of goods sold, and inventory amounts for 2009 and 2010 are shown below.

Determine the inventory turnover and days in inventory for 2009 and 2010. Discuss the changes in the amount of inventory, the inventory turnover and days in inventory, and the amount of sales across the twoyears.

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2010 $3,713,000 1.425,000 220,000 2009 $3.120,000 1.200,000 180.000 220.000 Sales Cost of goods sold Beginning inventory Ending inventory 80.000