Inventory Analysis
A company reports the following:
Cost of goods sold $435,000
Average inventory 72,500
Determine the inventory turnover and the number of days' sales in inventory. Assume 365 days a year.
A. Inventory turnover
B. Number of days' sales in inventory

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?