Question: please help with the a ..b c Part A: You are provided with the following information about the bookstore at your university Sales revenue Sales

please help with the a ..b c Part A: You are

please help with the a ..b c

Part A: You are provided with the following information about the bookstore at your university Sales revenue Sales returns and allowances Gross proft Inventory (June 30, 2018) Inventory (June 30, 2017) S 875,000 25,000 340,000 165,000 125,000 Required: a. Calculate the inventory turnover ratio for the year ended June 30, 2018. b. What is the average length of time that it took to sell its inventory in 2018? c. Is the inventory turnover ratio satisfactory? What would you need to know to appropriately answer this

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