Question: answer the multiple choice question Lader Inc. reported the following information Item Amount Inventory, Dec 31, 2019 581,000 Inventory, Dec 31, 2020 84,000 Cost of
Lader Inc. reported the following information Item Amount Inventory, Dec 31, 2019 581,000 Inventory, Dec 31, 2020 84,000 Cost of goods sold, 2019 480,000 Cost of goods sold, 2020 500.000 Sales, 2019 900,000 Sales, 2020 950.000 Compute the inventory turnover ratio and the average days in inventory for 2020, Select one: Inventory Average Days Turnover Ratio In Inventory 6.06 60 23 b. Inventory Average Days Turnover Ratio in Inventory 5.45 66.92 Inventory Average Days Turnover Ratio in Inventory 5.95 61.32 Inventory Average Days Turnover Ratio in Inventory 11.52 31.70 Ne
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