Question: need some assitance in solving this please Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for
Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: a. Determine the inventory turnover for 20Y7 and 20Y6. Round your answers to one decimal place. b. Determine the days' sales in inventory for 20Y7 and 20Y6. Use 365 days a year. Round your answers to one decimal place. c. Are the changes in inventory turnover and the number of days' sales in inventory from 20Y6 to 20Y7 favorable or unfavorable
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