Question: Connection Section has the following amounts for 2015 and 2016. Calculate the inventory turnover for each year. Round answers to two decimal places. Also

Connection Section has the following amounts for 2015 and 2016. Calculate the

 

Connection Section has the following amounts for 2015 and 2016. Calculate the inventory turnover for each year. Round answers to two decimal places. Also determine if the change is favorable or unfavorable for the company. Beginning Inventory Ending Inventory 2016 2015 sold $2,590 $3,200 2,800 2,590 Cost of merchandise 13,200 15,650

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