Financial Accounting: BE6-9 At December 31, 2008, the following information was available for J.
Financial Accounting BE6-9 At December 31, 2008, the following information was available for J. Graff Company: ending inventory $40,000, beginning inventory $60,000, cost o goods sold $270,000, and sales revenue $380,000. Calculate inventory turnover and days in inventory for J. Graff Company. (Round answers to 1 decimal place, e.g. 10.5. Use rounded amount for future calculations).