Question: Financial statement data for years ending December 3 1 for Tango Company follow: Required a . Determine the inventory turnover for 2 0 Y 7

Financial statement data for years ending December 31 for Tango Company follow:
Required
a. Determine the inventory turnover for 20 Y 7 and 20Y6. Round your answers to one decimal place.
b. Determine the days' sales in inventory for 20 Y 7 and 20Y6. Use 365 days a year. Round your answers to one decimal place.
c. Are the changes in inventory turnover and the days' sales in inventory from 20 Y 6 to 20Y7 favorable or unfavorable?
Financial statement data for years ending

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