The financial statements of ConAgra Foods, Inc.'s 2012 annual report disclose the following information.

Instructions
Compute ConAgra's
(a) Inventory turnover and
(b) The average days to sell inventory for 2012 and 2011.

Transcribed Image Text:

(in millions) Inventories May 27, 2012 Ma 2, 1 May 30, 2010 $1,870 $1,803 $1,598 Fiscal Year 2012 $13,263 10.436 2011 Net sales Cost of goods sold Net income $12,303 9,390 818 474