Question: please answer both 1. the inventory turnover 2. the days in inventory Suppose at December 31 of a recent year, the following information (in thousands)

please answer both

1. the inventory turnover

2. the days in inventory

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc: ending inventory $167,000, beginning inventory $124,000, cost of goods sold $369,570, and sales revenue $781,000. (a1) Calculate the inventory turnover for Oakley, Inc. (Round inventory tumover to 2 decimal places, es. 5.12.) Inventory turnover times

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