Green Corporation has $482,750 in ending inventory and cost of goods sold for the newly ended year was $4,209,580.

What is inventory turnover rate? (Do not round up intermediate calculations. Round your answer to 2 decimal places, eg 32.16.)

stock turnover

times

What are the sales of the days in the inventory? (Use 365 days a year. Do not round up intermediate calculations. Round your answer to 2 decimal places, eg 32.16.)

Daily sales in inventory

days

How long, on average, did an inventory unit sit on the shelf before it was sold? (Use 365 days a year. Do not round up intermediate calculations. Round your answer to 2 decimal places, eg 32.16.)

Days on the shelf in inventory

days

Answer rating: 100% (QA)

To calculate the inventory turnover rate we can use the following formula Inventory Turnov... View the full answer