Suppose this information in millions is available for the, Financial Accounting

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Suppose this information in millions is available for the

Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors Corporation uses the LIFO inventory method

Beginning inventory $14,598

Ending inventory 15,950

LIFO reserve 1,345

Current assets 61,278

Current liabilities 70,106

Cost of goods sold 159,033

Sales revenue 182,688

Calculate the inventory turnover and days in inventory.

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Financial Accounting: Suppose this information in millions is available for the

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Financial Accounting: Suppose this information in millions is available for the

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