Question: 4. 12.50 points value: Problem 3-4 Calculating Inventory Turnover [LO2 The Green Corporation has ending inventory of $483,565, and cost of goods sold for the
4. 12.50 points value: Problem 3-4 Calculating Inventory Turnover [LO2 The Green Corporation has ending inventory of $483,565, and cost of goods sold for the year just ended was $4,448,798. What is the inventory tunover? (Do not round Intermediate calculations. Round your answer to 2 decimal places, o.g., 32.16.) Inventory turnover times What is the daye' sales in inventory? (Use 385 days a year. Do not round Intermediate calculations. r. Do not round intermediate calculations. Round your answer to 2 decimal places, o.g., 32.16.) Days' sales in inventory How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do days not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) days Days on shelf in inventory References eBook&Resources Worksheet Difficulty: Basic
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