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Business, 11.03.2020 22:15 makaylaf395

Suppose on December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $156,748; beginning inventory $108,738; the cost of goods sold $348,930 and sales revenue $757,813.Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e. g. 5.12.)1b. Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e. g. 125.)

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Suppose on December 31 of a recent year, the following information (in thousands) was available for...
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