Question: Below is selected financial information for Swingline Inc. Ending Inventory Cost of Goods Sold 2020 Days' Sales in Inventory Inventory Turnover 4,850 68,950 2019

Below is selected financial information for Swingline Inc. Ending Inventory Cost of

Below is selected financial information for Swingline Inc. Ending Inventory Cost of Goods Sold 2020 Days' Sales in Inventory Inventory Turnover 4,850 68,950 2019 2020 5,626 72,398 b) Are the ratios improving or weakening? What does that trend mean? 2018 Required a) Calculate the following ratios for 2020, 2019 and 2018, rounding to nearest day and two decimal places for turnover ratios. 2019 5,723 65,503 2017 2018 6,014 71,708

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