Question: Brief Exercise 18-12 (Part Level Submission) The following data are from the income statements of Haskin Company. $6,290,000 $6,350,000 Sales revenue 845,000 910,000 Beginning inventory

the income statements of Haskin Company. $6,290,000 $6,350,000 Sales revenue 845,000 910,000

Brief Exercise 18-12 (Part Level Submission) The following data are from the income statements of Haskin Company. $6,290,000 $6,350,000 Sales revenue 845,000 910,000 Beginning inventory 4,660,000 4,380,000 Purchases 910,000 Ending inventory 1,020,000 (a1) Your answer is correct. Compute for each year the inventory turnover (Round answers to 1 decimal place, e.g. 1.6. 2016 2017 Inventory turnover L 4.42 times L------------ 5.24 times SHOW SOLUTION SHOW ANSWER LINK TO TEXT

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