A recent annual report of the Kraft Heinz Company reveals the following information (dollar amounts are stated in millions):

a. Compute Kraft Heinz’s inventory turnover for the year (round to nearest tenth).b. Compute the number of days required to sell its average inventory (round to the nearest day).c. What is the length of Kraft Heinz’s operating cycle?d. What comparative information would you want to be able to evaluate Kraft Heinz’s operating cycle figure?

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Cost of goods sold.... Inventory (beginning of year) Inventory (end of year)...... Average time required to collect accounts receivable.. $17,008 2,721 2,554 28 days