E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the following independent cases: Cases Sales Revenue Beginning Inventory Purchases Total Available Cost of Goods Sold Gross Profit Ending Inventory $ 700 Expenses Pretax Income (Loss) A $ $ 150 $ $ $ 1,580 $ 1,500 1,450 1,240 280 260 B 100 200 150 580 400 D 290 280 180 120 720 260 970 1,300 E 840 1,140 610 (40) E7-14 (Algo) Analyzing and Interpreting the Inventory Turnover Ratio LO7-5 Jetz is the leading manufacturer of personal computers. In a recent year, it reported the following in dollars in millions: Net sales revenue Cost of sales Beginning inventory Ending inventory $ 76, 161 58,944 1,820 1,820 Required: Determine the inventory turnover ratio and average days to sell inventory for the current year. (Use 365 days a year. Round your intermediate calculations and final answers to 2 decimal places.) Inventory turnover Average days to sell inventory days