In a recent annual report, Coronado Inc. reported beginning inventory of $$1,500$ million and ending inventory of $$1,400$ million, cost of goods sold of $$13,050$ millipn, and net sales of $$12,000$ million.

$($a$1)$

Correct Answer

Your answer is correct.

Compute Coronado's inventory turnover. $($Round answer to $2$ decimol places, es$.7\mathrm{.}62.)$

Inventory turnover $$ times

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Solution

Attempts: $1$ of $1$ used

$($a$2)$

Compute Coronado's average days to sell inventory. $($Round answer to $1$ decimal place, e$.7\mathrm{.}6)$

Average days to sell inventory $$ days

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Attempts: $0$ of $1$ used $$