Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $155,614; beginning inventory $124,364; cost...


Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $155,614; beginning inventory $124,364; cost of goods sold $356,537 and sales revenue<br>$791,307.<br>Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.)<br>Inventory turnover<br>times<br>SHOW LIST OF ACCOUNTS<br>LINK TO TEXT<br>INTERACTIVE TUTORIAL<br>Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e.g. 125.)<br>Days in inventory<br>days<br>

Extracted text: Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $155,614; beginning inventory $124,364; cost of goods sold $356,537 and sales revenue $791,307. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Inventory turnover times SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e.g. 125.) Days in inventory days

Jun 09, 2022
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