Question: Chapter 07 - Homework - Spring 2021 uestion 4 of 7 - / 10 Rew Policies Current Attempt in Progress Suppose at December 31 of
Chapter 07 - Homework - Spring 2021 uestion 4 of 7 - / 10 Rew Policies Current Attempt in Progress Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $167,400, beginning inventory $129.600, cost of goods sold $350,460, and sales revenue $760,000. Calculate the inventory turnover and days in inventory for Oakley, Inc. (Round inventory tumover to 2 decimal places, eg. 15.25 and days in inventory to O decimal places, eg. 15. Use 365 days for calculation) Inventory turnover 2.36 times Days in inventory I days e Textbook and Media Safor La Castaved 44 minutes ago Saved work will be auto submitted on the due date Attempts: 0 of 3 used Somit Anwa
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