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...
| The following information for Ryder Co. |
| 2011 | 2010 | 2009 | |
| Cost of goods sold | $ 628,825 | $ 411,650 | $ 376,300 |
| Ending inventory | 97,900 | 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.) |
| 2010 | 2011 | |
| Inventory turnover | [removed] | [removed] times |
| Day's sales in inventory | [removed] | [removed] days |
12 years ago
999999.99
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