(Solution) - The company reported the following information for the year Beginning -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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The company reported the following information for the year:
Beginning accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . $2,000
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,000
Ending inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,000
Ending accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,400
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,200
Beginning inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,600
Compute (1) inventory turnover and (2) number of days? sales in inventory.