The following information for Ryder Co.     201120102009  Cost of goods sold$ 628,825   $ 411,650   $ 376,300     Ending inventory97,900   88,250   93,000   ------    Use the...

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The following information for Ryder Co.

  

 201120102009
  Cost of goods sold$ 628,825   $ 411,650   $ 376,300   
  Ending inventory97,900   88,250   93,000   

  

Use the above information to compute inventory turnover for 2010 and 2011, and its days' sales in inventory at December 31, 2010 and 2011. (Use 365 days a year. Do not round intermediate calculations. Round your answers to 1 decimal place.)

  

 20102011
 Inventory turnover[removed]   [removed] times  
 Day's sales in inventory[removed]   [removed]  days  
 
    • 12 years ago
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