Question: value: 0.57 points E7-13 Analyzing and Interpreting the Inventory Turnover Ratio LO 7-5 Aegis Industries Inc. is the biggest snowmobile manufacturer in the world. It


value: 0.57 points E7-13 Analyzing and Interpreting the Inventory Turnover Ratio LO 7-5 Aegis Industries Inc. is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions) 2012 20112010 2009 Cost of Goods Sold Average Inventory Net Sales Revenue$4,700 $ 4.160 S 3490 $ 3,070 4,020 3,550 3,050 2,670 470 420 360 350 Required: 1.a. Calcutate the inventory turnover ratio for 2012, 2011 and 2010 (Round your answers to 1 decimal: place.) nes per Year 2012 2011 2010 Inventory Turnover Ratio
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