I need help Computing for each year the inventory turnover for each year

Accounting
Tutor: None Selected Time limit: 1 Day

The following data are from the income statements of Haskin Company.

2015
2014
Sales$6,420,000$6,240,000
Beginning inventory940,000860,000
Purchases4,340,0004,661,000
Ending inventory1,020,000940,000
Dec 15th, 2014

The Right Answer is :-  

Inventory turnover 2015  =4.34

Inventory turnover 2014     = 5.09

Your complete Answer is here

Inventory turnover 2014& 2015.docx 

Dec 15th, 2014

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