Davis, Managerial Accounting, 3. Help System Announcements CALCULATOR PRINTER VERSION Problem 12-16 (Part Level Submission) The following information in $ millions) was taken from the recent annual reports of two companies. Company A Company B Cost of goods sold $27,303.1 $26,558.0 Average inventory $2,758.1 $4,949.5 (ai) Your answer is correct. Calculate each company's inventory turnover. (Round answers to 1 decimal place, e.g. 2.5.) Company A Company B 9.9 times 5. times Inventory turnover Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO VIDEO By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your in Attempts: 2 of 15 used (a2) Calculate each company's average days to sell inventory. (Round answers to 1 decimal place, c.9. 2.5. Use 365 days fo calculation.) Company A Company B Average days to sell inventory days days