Question: Answer both questions please 4. Calculating Inventory Turnover [LO2] The Cape Corporation has ending inventory of $483,167, and cost of goods sold for the year

Answer both questions please

4. Calculating Inventory Turnover [LO2] The Cape Corporation has ending inventory of $483,167, and cost of goods sold for the year just ended was $4,285,131. What is the inventory turnover? The days' sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold? 5. Calculating Leverage Ratios [LO2] Perry, Inc., has a total debt ratio of .46. What is its debt-equity ratio? What is its equity multiplier

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