Question: Question # 3 ( 5 Marks) Use the following information for Razor Company to compute inventory turnover and days' sales in inventory for 2011. 2011

Question # 3 ( 5 Marks) Use the following information for Razor Company to compute inventory turnover and days' sales in inventory for 2011. 2011 2010 Net sales $647,500 $582,000 Cost of goods 388,500 360,840 sold Ending inventory 77,700 79,380 Your answer must include the following items : A- Explain The indication of these ratios and if its increase or decrease is better. B- Get another ratio to evaluate the management of Inventory and explain it

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