5 2 points eBook Ask Print References E7-16 (Algo) Analyzing and Interpreting the Inventory Turnover Ratio LO7-6 Dell Incorporated is the leading manufacturer of personal computers. In a recent year, it reported the following in millions of dollars: Net sales revenue Cost of sales Beginning inventory Ending inventory $ 76,291 59,444 Inventory turnover Average days to sell inventory Check my work 1,840 1,820 Required: Determine the inventory turnover ratio and average days to sell inventory for the current year. Note: Use 365 days a year. Round "Inventory turnover" to 2 decimal places and "Average days to sell inventory" to 1 decimal place. 32.4 days

E7-16 (Algo) Analszing and Interpreting the Inventory Turnover Ratio L07-6 Dell Incorporated is the leading manufacturer of personal computers. In a recent year, it reported the following in millions of dollars: Required: Determine the inventory turnover ratio and average days to sell inventory for the current year. Note: Use 365 days a year. Round "Inventory turnover" to 2 decimal places and "Average days to sell inventory" to 1 decimal place