Question: Current Attempt in Progress The following data were taken from the income statements of Pharoah Company. 2017 2016 Sales revenue $6,436,000 $6,269,000 Beginning inventory 970.200

Current Attempt in Progress The following data were taken from the

Current Attempt in Progress The following data were taken from the income statements of Pharoah Company. 2017 2016 Sales revenue $6,436,000 $6,269,000 Beginning inventory 970.200 785,200 Purchases 4,673,000 4.634.000 Ending inventory 1,168,000 970,200 Your answer is incorrect. Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 12.5.) 2017 2016 Inventory turnover times timor

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