Question: Moz Corporation was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in millions):

Moz Corporation was founded with the mission of filling every home withMoz Corporation was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in millions): 2018 2017 Net Sales $ 4,500 $ 4,560 Cost of Goods Sold 3,400 3,290 Beginning Inventory 450 410 Ending Inventory 570 450 Required: Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

Moz Corporation was founded with the mission of filling every home with music. The company reported the following amounts in its financial statements (in millions): Required: 1. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

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