(Solved): Suppose at December 31 of a recent year, the following information (in thousands) was available fo ...

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $\$157,000$, beginning inventory $\$121,000$, cost of goods sold $\$333,600$, and sales revenue $\$773,000$. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Inventory turnover times eTextbook and Media Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e.g. 125.) Days in inventory days