1. Briefly discuss the measurement between the inventory turnover and days’ sales in inventory. 2. What can you say about a company’s performance when the company’s days’ sales in inventory are high?...

1. Briefly discuss the measurement between the inventory turnover and days’ sales in inventory.

2. What can you say about a company’s performance when the company’s days’ sales in inventory are high?

3. When using the periodic inventory system, which inventory costing method(s) always produces the same result as when using the perpetual inventory system?