SCC Co. reported the following for the current year:

Net sales	$	61,000
Cost of goods sold	$	49,140
Beginning balance in inventory	$	3,300
Ending balance in inventory	$	9,300

Compute (a) inventory turnover and (b) days sales in inventory. Hint: Recall that inventory turnover uses average inventory, and days sales in inventory uses the ending balance in inventory.

Compute the inventory turnover. SCC Co. reported the following for the current year: Compute (a) inventory turnover and (b) days' sales in inventory. Hint. Recall that inventory turnover uses average inventory, and days sales in inventory uses the ending balance in inventory. Complete this question by entering your answers in the tabs below. Compute the days' sales in inventory