Question: 5 Moz Corporation was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements
5 Moz Corporation was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in millions): 2 points Net Sales Cost of Goods Sold eBook Print Beginning Inventory Ending Inventory Required: 2018 $ 5,300 4,200 510 610 2017 $ 5,360 4,050 440 510 1. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) 2018 2017 References Inventory Turnover Ratio times per ar times per year Days to Sell days days
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