Information on the activities of Sandhill Toys Ltd. is as follows: Cost of goods sold Average...

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Information on the activities of Sandhill Toys Ltd. is as follows: Cost of goods sold Average inventory 2020 2021 2022 2023 2020 $934,360 129,390 2024 2021 $1,046,740 153,840 Inventory Turnover 2022 $1,210,250 208,430 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, e.g. 18.42 and number of days to 1 decimal place, e.g. 13.6.) 2023 $1,385,080 337,620 Number of Days days days days days 2024 days $1,432,450 464,800 Information on the activities of Sandhill Toys Ltd. is as follows: 2020 2021 $934,360 $1.046.740 129,390 153.840 Cost of goods sold Average inventory 2020 2021 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, e.g. 18.42 and number of days to 1 decimal place, e.g. 13.6.) Inventory Turnover 2022 2023 2022 $1,210,250 208,430 2024 2023 $1.385,000 337,620 Number of Days days days days days 2024 $1,432,450 464,500 days Information on the activities of Sandhill Toys Ltd. is as follows: Cost of goods sold Average inventory 2020 2021 2022 2023 2020 $934,360 129,390 2024 2021 $1,046,740 153,840 Inventory Turnover 2022 $1,210,250 208,430 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, e.g. 18.42 and number of days to 1 decimal place, e.g. 13.6.) 2023 $1,385,080 337,620 Number of Days days days days days 2024 days $1,432,450 464,800 Information on the activities of Sandhill Toys Ltd. is as follows: 2020 2021 $934,360 $1.046.740 129,390 153.840 Cost of goods sold Average inventory 2020 2021 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, e.g. 18.42 and number of days to 1 decimal place, e.g. 13.6.) Inventory Turnover 2022 2023 2022 $1,210,250 208,430 2024 2023 $1.385,000 337,620 Number of Days days days days days 2024 $1,432,450 464,500 days